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 | $107,047 | $110,094-2.8% | $151,611-29.4% | $68,494+56.3% |
| Participation rate | 85.7% | 84.0%+1.8pp | 87.5%-1.8pp | 67.9%+17.8pp |
| Annual return | -14.79% | -10.12%-4.7pp | 3.33%-18.1pp | -7.84%-6.9pp |
| Employer contribution / active EE | $3,337 | $4,471-25.3% | $6,166-45.9% | $2,596+28.5% |
| Participant deferral / active EE | $6,328 | $6,527-3.1% | $8,363-24.3% | $4,027+57.1% |
| Admin fee / account holder | $6,296 | $7,719-18.4% | $11,616-45.8% | $5,403+16.5% |