Filed April 22, 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 | $42,136 | $78,422-46.3% | $95,952-56.1% | $79,858-47.2% |
| Participation rate | 92.7% | 73.5%+19.2pp | 77.1%+15.6pp | 69.6%+23.1pp |
| Annual return | 17.14% | 19.37%-2.2pp | 91.61%-74.5pp | 31.71%-14.6pp |
| Employer contribution / active EE | $0 | $1,945-100.0% | $2,541-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,681 | $3,440-22.1% | $4,167-35.7% | $3,740-28.3% |
| Admin fee / account holder | $3,776 | $5,622-32.8% | $6,795-44.4% | $5,306-28.8% |