Filed December 21, 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 | $70,639 | $67,411+4.8% | $91,001-22.4% | $70,131+0.7% |
| Participation rate | 95.7% | 71.4%+24.4pp | 75.6%+20.1pp | 69.5%+26.2pp |
| Annual return | 14.96% | -40.16%+55.1pp | 4.60%+10.4pp | 73.14%-58.2pp |
| Employer contribution / active EE | $1,184 | $1,786-33.7% | $2,456-51.8% | $2,342-49.5% |
| Participant deferral / active EE | $3,282 | $2,823+16.3% | $3,547-7.5% | $3,332-1.5% |
| Admin fee / account holder | $4,235 | $4,2360% | $5,417-21.8% | $4,645-8.8% |