Filed July 9, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $186,590 | $91,552+103.8% | $133,956+39.3% | $79,858+133.7% |
| Participation rate | 92.1% | 73.3%+18.8pp | 79.8%+12.3pp | 69.6%+22.5pp |
| Annual return | 9.00% | 61.85%-52.8pp | 45.09%-36.1pp | 31.71%-22.7pp |
| Employer contribution / active EE | $2,314 | $2,384-2.9% | $3,919-41.0% | $2,471-6.4% |
| Participant deferral / active EE | $5,052 | $3,733+35.3% | $5,048+0.1% | $3,740+35.1% |
| Admin fee / account holder | $16,558 | $6,321+162.0% | $8,927+85.5% | $5,306+212.0% |