Filed July 12, 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 | $139,531 | $72,492+92.5% | $87,100+60.2% | $72,985+91.2% |
| Participation rate | 75.6% | 72.8%+2.7pp | 76.9%-1.3pp | 69.5%+6.1pp |
| Annual return | 31.74% | 24.46%+7.3pp | 28.19%+3.5pp | 81.00%-49.3pp |
| Employer contribution / active EE | $1,356 | $1,894-28.4% | $2,521-46.2% | $2,440-44.4% |
| Participant deferral / active EE | $3,879 | $3,270+18.6% | $4,049-4.2% | $3,607+7.5% |
| Admin fee / account holder | $1,800 | $5,055-64.4% | $7,497-76.0% | $5,124-64.9% |