Filed August 27, 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 7-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 | $32,686 | $68,573-52.3% | $120,368-72.8% | $80,874-59.6% |
| Participation rate | 96.6% | 61.6%+35.0pp | 71.9%+24.6pp | 67.6%+28.9pp |
| Annual return | 15.07% | 23.61%-8.5pp | 107.26%-92.2pp | 35.62%-20.6pp |
| Employer contribution / active EE | $3,629 | $2,052+76.9% | $3,465+4.8% | $2,756+31.7% |
| Participant deferral / active EE | $7,132 | $3,174+124.7% | $4,991+42.9% | $4,297+66.0% |
| Admin fee / account holder | $3,181 | $5,734-44.5% | $9,429-66.3% | $6,935-54.1% |