Filed March 26, 2018
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 | $72,690 | $138,347-47.5% | $184,203-60.5% | $80,856-10.1% |
| Participation rate | 85.6% | 83.9%+1.7pp | 86.8%-1.3pp | 67.6%+17.9pp |
| Annual return | 16.36% | 20.02%-3.7pp | 28.81%-12.5pp | 35.59%-19.2pp |
| Employer contribution / active EE | $3,012 | $4,850-37.9% | $6,427-53.1% | $2,755+9.3% |
| Participant deferral / active EE | $6,441 | $7,071-8.9% | $9,131-29.5% | $4,296+49.9% |
| Admin fee / account holder | $6,819 | $10,483-35.0% | $13,901-50.9% | $6,918-1.4% |