Filed December 3, 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 | $146,366 | $135,952+7.7% | $123,892+18.1% | $273,961-46.6% |
| Participation rate | 100.0% | 84.1%+15.9pp | 81.4%+18.6pp | 83.0%+17.0pp |
| Annual return | 6.02% | 56.63%-50.6pp | 47.52%-41.5pp | 41.45%-35.4pp |
| Employer contribution / active EE | $7,905 | $5,170+52.9% | $4,617+71.2% | $4,869+62.4% |
| Participant deferral / active EE | $6,059 | $6,343-4.5% | $5,984+1.2% | $5,287+14.6% |
| Admin fee / account holder | $45,096 | $9,817+359.4% | $8,357+439.6% | $10,132+345.1% |