Filed September 12, 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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,588 | $88,707-59.9% | $74,183-52.0% | $273,961-87.0% |
| Participation rate | 90.9% | 79.4%+11.5pp | 76.6%+14.3pp | 83.0%+7.9pp |
| Annual return | 7.38% | 11.94%-4.6pp | 17.74%-10.4pp | 41.45%-34.1pp |
| Employer contribution / active EE | $1,306 | $3,159-58.7% | $2,370-44.9% | $4,869-73.2% |
| Participant deferral / active EE | $4,510 | $4,212+7.1% | $3,550+27.1% | $5,287-14.7% |
| Admin fee / account holder | $1,797 | $8,717-79.4% | $5,586-67.8% | $10,132-82.3% |