Filed September 10, 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 | $32,030 | $45,863-30.2% | $77,024-58.4% | $68,494-53.2% |
| Participation rate | 92.9% | 55.9%+36.9pp | 67.9%+25.0pp | 67.9%+25.0pp |
| Annual return | -14.47% | 1.72%-16.2pp | 42.32%-56.8pp | -7.84%-6.6pp |
| Employer contribution / active EE | $2,700 | $1,650+63.7% | $2,812-4.0% | $2,596+4.0% |
| Participant deferral / active EE | $6,215 | $2,962+109.8% | $4,426+40.4% | $4,027+54.3% |
| Admin fee / account holder | $4,238 | $3,041+39.4% | $5,425-21.9% | $5,403-21.6% |