Filed June 21, 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 9-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 | $73,651 | $51,708+42.4% | $106,619-30.9% | $62,891+17.1% |
| Participation rate | 100.0% | 66.9%+33.1pp | 78.0%+22.0pp | 69.3%+30.7pp |
| Annual return | 6.39% | 4.69%+1.7pp | 9.42%-3.0pp | 20.14%-13.7pp |
| Employer contribution / active EE | $1,628 | $1,764-7.7% | $3,947-58.8% | $2,281-28.6% |
| Participant deferral / active EE | $2,713 | $2,315+17.2% | $3,930-31.0% | $3,203-15.3% |
| Admin fee / account holder | $6,623 | $3,349+97.8% | $6,418+3.2% | $4,296+54.2% |