Filed March 13, 2019
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 6-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,408 | $51,638-54.7% | $68,368-65.8% | $82,448-71.6% |
| Participation rate | 84.8% | 63.6%+21.2pp | 73.8%+11.1pp | 68.1%+16.8pp |
| Annual return | 19.42% | 37.53%-18.1pp | 292.57%-273.1pp | 41.64%-22.2pp |
| Employer contribution / active EE | $2,227 | $2,047+8.8% | $2,649-15.9% | $2,551-12.7% |
| Participant deferral / active EE | $3,557 | $2,914+22.1% | $4,123-13.7% | $4,139-14.1% |
| Admin fee / account holder | $4,624 | $4,643-0.4% | $5,150-10.2% | $7,234-36.1% |