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 8-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 | $29,244 | $88,707-67.0% | $74,183-60.6% | $273,961-89.3% |
| Participation rate | 82.6% | 79.4%+3.2pp | 76.6%+6.0pp | 83.0%-0.4pp |
| Annual return | 4.85% | 11.94%-7.1pp | 17.74%-12.9pp | 41.45%-36.6pp |
| Employer contribution / active EE | $681 | $3,159-78.5% | $2,370-71.3% | $4,869-86.0% |
| Participant deferral / active EE | $1,378 | $4,212-67.3% | $3,550-61.2% | $5,287-73.9% |
| Admin fee / account holder | $7,022 | $8,717-19.4% | $5,586+25.7% | $10,132-30.7% |