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 | $58,112 | $88,672-34.5% | $105,223-44.8% | $82,448-29.5% |
| Participation rate | 93.5% | 67.9%+25.6pp | 75.0%+18.5pp | 68.1%+25.5pp |
| Annual return | 20.71% | 30.86%-10.1pp | 180.65%-159.9pp | 41.64%-20.9pp |
| Employer contribution / active EE | $2,366 | $3,048-22.4% | $3,689-35.9% | $2,551-7.3% |
| Participant deferral / active EE | $5,016 | $4,036+24.3% | $5,072-1.1% | $4,139+21.2% |
| Admin fee / account holder | $5,660 | $7,146-20.8% | $8,859-36.1% | $7,234-21.8% |