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 | $143,402 | $87,733+63.5% | $106,548+34.6% | $85,850+67.0% |
| Participation rate | 100.0% | 71.9%+28.1pp | 76.1%+23.9pp | 69.3%+30.7pp |
| Annual return | 15.56% | 21.86%-6.3pp | 26.80%-11.2pp | 318.53%-303.0pp |
| Employer contribution / active EE | $2,542 | $2,073+22.6% | $2,819-9.8% | $2,565-0.9% |
| Participant deferral / active EE | $6,778 | $3,469+95.4% | $4,398+54.1% | $3,952+71.5% |
| Admin fee / account holder | $10,787 | $6,767+59.4% | $7,407+45.6% | $6,260+72.3% |