Filed June 7, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,580 | $106,749-8.6% | $145,433-32.9% | $82,448+18.4% |
| Participation rate | 100.0% | 75.6%+24.4pp | 82.1%+17.9pp | 68.1%+31.9pp |
| Annual return | 31.49% | 27.59%+3.9pp | 66.58%-35.1pp | 41.64%-10.2pp |
| Employer contribution / active EE | $3,240 | $3,444-5.9% | $4,554-28.9% | $2,551+27.0% |
| Participant deferral / active EE | $9,275 | $6,519+42.3% | $7,897+17.4% | $4,139+124.1% |
| Admin fee / account holder | $10,466 | $8,390+24.7% | $13,129-20.3% | $7,234+44.7% |