Filed August 14, 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 | $194,895 | $78,672+147.7% | $109,143+78.6% | $85,850+127.0% |
| Participation rate | 97.0% | 68.3%+28.7pp | 75.9%+21.1pp | 69.3%+27.7pp |
| Annual return | 16.61% | 25.09%-8.5pp | 25.75%-9.1pp | 318.53%-301.9pp |
| Employer contribution / active EE | $6,557 | $2,735+139.8% | $3,722+76.2% | $2,565+155.6% |
| Participant deferral / active EE | $8,656 | $3,467+149.7% | $4,653+86.0% | $3,952+119.1% |
| Admin fee / account holder | $25,945 | $5,469+374.4% | $6,752+284.2% | $6,260+314.5% |