Filed December 16, 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 | $115,626 | $94,625+22.2% | $116,228-0.5% | $84,808+36.3% |
| Participation rate | 94.2% | 70.4%+23.8pp | 74.6%+19.7pp | 68.3%+25.9pp |
| Annual return | 13.56% | 20.40%-6.8pp | 90.06%-76.5pp | 40.90%-27.3pp |
| Employer contribution / active EE | $2,752 | $2,347+17.3% | $2,994-8.1% | $2,631+4.6% |
| Participant deferral / active EE | $7,002 | $3,972+76.3% | $4,953+41.4% | $4,212+66.3% |
| Admin fee / account holder | $22,953 | $10,091+127.5% | $11,989+91.4% | $7,344+212.5% |