Filed January 24, 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 | $83,305 | $94,529-11.9% | $140,016-40.5% | $64,186+29.8% |
| Participation rate | 80.5% | 84.1%-3.6pp | 87.5%-7.0pp | 69.6%+10.9pp |
| Annual return | -1.69% | 7.77%-9.5pp | 651.12%-652.8pp | 7.63%-9.3pp |
| Employer contribution / active EE | $2,470 | $3,812-35.2% | $5,606-55.9% | $2,381+3.8% |
| Participant deferral / active EE | $3,464 | $5,250-34.0% | $6,927-50.0% | $3,470-0.2% |
| Admin fee / account holder | $19,006 | $6,741+182.0% | $10,705+77.5% | $4,888+288.8% |