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 | $204,216 | $81,460+150.7% | $103,333+97.6% | $80,856+152.6% |
| Participation rate | 100.0% | 66.8%+33.2pp | 74.5%+25.5pp | 67.6%+32.4pp |
| Annual return | 12.90% | 25.55%-12.6pp | 24.88%-12.0pp | 35.59%-22.7pp |
| Employer contribution / active EE | $7,937 | $3,105+155.6% | $3,868+105.2% | $2,755+188.1% |
| Participant deferral / active EE | $11,228 | $3,869+190.2% | $5,057+122.0% | $4,296+161.4% |
| Admin fee / account holder | $14,242 | $6,566+116.9% | $8,355+70.5% | $6,918+105.9% |