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 | $119,594 | $73,004+63.8% | $90,749+31.8% | $68,494+74.6% |
| Participation rate | 100.0% | 70.8%+29.2pp | 75.7%+24.3pp | 67.9%+32.1pp |
| Annual return | -16.83% | -13.81%-3.0pp | -12.16%-4.7pp | -7.84%-9.0pp |
| Employer contribution / active EE | $4,400 | $2,193+100.7% | $2,921+50.7% | $2,596+69.5% |
| Participant deferral / active EE | $8,303 | $3,627+128.9% | $4,564+81.9% | $4,027+106.2% |
| Admin fee / account holder | $1,203 | $5,896-79.6% | $8,445-85.8% | $5,403-77.7% |