Filed April 9, 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 10-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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,832 | $39,122-77.4% | $57,179-84.6% | $62,891-86.0% |
| Participation rate | 90.0% | 70.5%+19.5pp | 75.3%+14.7pp | 69.3%+20.7pp |
| Annual return | 27.21% | 9.23%+18.0pp | 14.59%+12.6pp | 20.14%+7.1pp |
| Employer contribution / active EE | $863 | $1,874-54.0% | $2,682-67.8% | $2,281-62.2% |
| Participant deferral / active EE | $3,205 | $2,374+35.0% | $3,096+3.5% | $3,203+0.1% |
| Admin fee / account holder | $1,168 | $2,592-54.9% | $3,139-62.8% | $4,296-72.8% |