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 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 | $126,855 | $99,341+27.7% | $84,750+49.7% | $273,961-53.7% |
| Participation rate | 100.0% | 80.7%+19.3pp | 76.6%+23.4pp | 83.0%+17.0pp |
| Annual return | 7.22% | 22.93%-15.7pp | 22.78%-15.6pp | 41.45%-34.2pp |
| Employer contribution / active EE | $16,732 | $4,214+297.1% | $3,574+368.1% | $4,869+243.7% |
| Participant deferral / active EE | $1,672 | $4,269-60.8% | $3,712-55.0% | $5,287-68.4% |
| Admin fee / account holder | $2,868 | $6,644-56.8% | $5,332-46.2% | $10,132-71.7% |