Filed January 9, 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 | $44,000 | $69,977-37.1% | $108,579-59.5% | $62,891-30.0% |
| Participation rate | 98.0% | 72.9%+25.1pp | 79.6%+18.5pp | 69.3%+28.7pp |
| Annual return | 7.90% | 10.73%-2.8pp | -51.70%+59.6pp | 20.14%-12.2pp |
| Employer contribution / active EE | $3,357 | $2,135+57.3% | $3,758-10.7% | $2,281+47.2% |
| Participant deferral / active EE | $4,178 | $3,165+32.0% | $4,311-3.1% | $3,203+30.4% |
| Admin fee / account holder | $4,706 | $5,076-7.3% | $7,645-38.4% | $4,296+9.6% |