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 | $110,594 | $86,929+27.2% | $102,423+8.0% | $80,856+36.8% |
| Participation rate | 80.5% | 72.4%+8.1pp | 76.5%+4.0pp | 67.6%+12.8pp |
| Annual return | 13.80% | 18.88%-5.1pp | 29.32%-15.5pp | 35.59%-21.8pp |
| Employer contribution / active EE | $1,883 | $2,369-20.5% | $3,023-37.7% | $2,755-31.6% |
| Participant deferral / active EE | $4,218 | $4,118+2.4% | $5,053-16.5% | $4,296-1.8% |
| Admin fee / account holder | $12,925 | $8,049+60.6% | $9,451+36.8% | $6,918+86.8% |