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 | $45,901 | $71,883-36.1% | $86,677-47.0% | $68,494-33.0% |
| Participation rate | 84.5% | 72.2%+12.3pp | 76.6%+7.9pp | 67.9%+16.6pp |
| Annual return | -12.15% | 3.52%-15.7pp | 35.91%-48.1pp | -7.84%-4.3pp |
| Employer contribution / active EE | $2,480 | $2,173+14.1% | $2,836-12.6% | $2,596-4.5% |
| Participant deferral / active EE | $2,955 | $3,779-21.8% | $4,656-36.5% | $4,027-26.6% |
| Admin fee / account holder | $3,412 | $6,112-44.2% | $7,493-54.5% | $5,403-36.8% |