Filed December 30, 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 | $47,167 | $72,404-34.9% | $110,238-57.2% | $64,186-26.5% |
| Participation rate | 97.7% | 73.3%+24.3pp | 79.8%+17.9pp | 69.6%+28.1pp |
| Annual return | -5.02% | -6.29%+1.3pp | 314.74%-319.8pp | 7.63%-12.7pp |
| Employer contribution / active EE | $3,121 | $2,282+36.8% | $3,826-18.4% | $2,381+31.1% |
| Participant deferral / active EE | $5,830 | $3,469+68.0% | $4,672+24.8% | $3,470+68.0% |
| Admin fee / account holder | $5,064 | $5,664-10.6% | $8,547-40.8% | $4,888+3.6% |