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 | $182,830 | $87,013+110.1% | $106,213+72.1% | $80,856+126.1% |
| Participation rate | 97.9% | 70.4%+27.5pp | 75.3%+22.6pp | 67.6%+30.3pp |
| Annual return | 15.01% | 17.05%-2.0pp | 116.14%-101.1pp | 35.59%-20.6pp |
| Employer contribution / active EE | $7,942 | $2,395+231.6% | $3,171+150.4% | $2,755+188.3% |
| Participant deferral / active EE | $9,847 | $3,986+147.0% | $5,016+96.3% | $4,296+129.2% |
| Admin fee / account holder | $2,321 | $8,431-72.5% | $11,033-79.0% | $6,918-66.4% |