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 | $89,753-35.3% | $107,525-46.0% | $84,808-31.5% |
| Participation rate | 93.5% | 68.1%+25.5pp | 75.1%+18.5pp | 68.3%+25.2pp |
| Annual return | 20.71% | 29.48%-8.8pp | 181.32%-160.6pp | 40.90%-20.2pp |
| Employer contribution / active EE | $2,366 | $3,113-24.0% | $3,754-37.0% | $2,631-10.1% |
| Participant deferral / active EE | $5,016 | $4,056+23.7% | $5,116-1.9% | $4,212+19.1% |
| Admin fee / account holder | $5,660 | $7,222-21.6% | $8,919-36.5% | $7,344-22.9% |