Filed June 6, 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 | $42,596 | $56,199-24.2% | $67,652-37.0% | $59,632-28.6% |
| Participation rate | 100.0% | 71.5%+28.5pp | 75.7%+24.3pp | 68.7%+31.3pp |
| Annual return | 3.61% | 18505.31%-18501.7pp | 6625.04%-6621.4pp | 2041.28%-2037.7pp |
| Employer contribution / active EE | $1,855 | $1,614+14.9% | $2,266-18.1% | $2,203-15.8% |
| Participant deferral / active EE | $2,947 | $2,844+3.6% | $3,560-17.2% | $3,192-7.7% |
| Admin fee / account holder | $5,984 | $3,958+51.2% | $4,821+24.1% | $4,297+39.3% |