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 | $102,848 | $109,359-6.0% | $162,163-36.6% | $72,985+40.9% |
| Participation rate | 77.8% | 84.3%-6.5pp | 87.6%-9.8pp | 69.5%+8.3pp |
| Annual return | 21.01% | 25.46%-4.4pp | 115.59%-94.6pp | 81.00%-60.0pp |
| Employer contribution / active EE | $2,682 | $3,907-31.4% | $5,614-52.2% | $2,440+9.9% |
| Participant deferral / active EE | $4,651 | $5,481-15.1% | $7,298-36.3% | $3,607+28.9% |
| Admin fee / account holder | $3,552 | $7,972-55.4% | $10,843-67.2% | $5,124-30.7% |