Filed September 6, 2018
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 | $18,616 | $87,841-78.8% | $133,980-86.1% | $62,891-70.4% |
| Participation rate | 89.3% | 83.4%+5.9pp | 87.1%+2.2pp | 69.3%+20.0pp |
| Annual return | 109.20% | 12.05%+97.1pp | 29.30%+79.9pp | 20.14%+89.1pp |
| Employer contribution / active EE | $1,952 | $3,483-43.9% | $5,211-62.5% | $2,281-14.4% |
| Participant deferral / active EE | $3,684 | $4,812-23.5% | $6,282-41.4% | $3,203+15.0% |
| Admin fee / account holder | $391 | $5,371-92.7% | $9,324-95.8% | $4,296-90.9% |