Filed December 18, 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 | $93,633 | $61,660+51.9% | $80,019+17.0% | $64,186+45.9% |
| Participation rate | 100.0% | 71.7%+28.3pp | 75.8%+24.2pp | 69.6%+30.4pp |
| Annual return | -4.68% | -0.33%-4.3pp | 11.22%-15.9pp | 7.63%-12.3pp |
| Employer contribution / active EE | $4,236 | $1,810+134.0% | $2,468+71.6% | $2,381+77.9% |
| Participant deferral / active EE | $5,500 | $2,968+85.3% | $3,686+49.2% | $3,470+58.5% |
| Admin fee / account holder | $4,828 | $5,417-10.9% | $6,521-26.0% | $4,888-1.2% |