Filed September 7, 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 | $65,992 | $54,350+21.4% | $82,719-20.2% | $68,494-3.7% |
| Participation rate | 91.9% | 63.9%+28.0pp | 72.6%+19.4pp | 67.9%+24.0pp |
| Annual return | -9.84% | -13.67%+3.8pp | 701.18%-711.0pp | -7.84%-2.0pp |
| Employer contribution / active EE | $2,644 | $2,218+19.2% | $3,009-12.1% | $2,596+1.8% |
| Participant deferral / active EE | $6,764 | $3,246+108.4% | $4,395+53.9% | $4,027+68.0% |
| Admin fee / account holder | $2,944 | $4,395-33.0% | $5,329-44.8% | $5,403-45.5% |