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 | $116,662 | $92,985+25.5% | $153,485-24.0% | $80,856+44.3% |
| Participation rate | 97.2% | 69.0%+28.3pp | 77.1%+20.1pp | 67.6%+29.6pp |
| Annual return | 19.96% | 19.95%0pp | 15.65%+4.3pp | 35.59%-15.6pp |
| Employer contribution / active EE | $6,842 | $3,507+95.1% | $5,039+35.8% | $2,755+148.4% |
| Participant deferral / active EE | $11,932 | $5,178+130.5% | $6,757+76.6% | $4,296+177.8% |
| Admin fee / account holder | $54,481 | $8,880+513.5% | $12,724+328.2% | $6,918+687.5% |