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 | $98,805 | $125,758-21.4% | $169,993-41.9% | $75,163+31.5% |
| Participation rate | 89.8% | 83.6%+6.2pp | 87.0%+2.8pp | 67.2%+22.6pp |
| Annual return | 16.24% | 27.20%-11.0pp | 53.37%-37.1pp | 160.62%-144.4pp |
| Employer contribution / active EE | $3,224 | $4,615-30.1% | $6,785-52.5% | $2,670+20.8% |
| Participant deferral / active EE | $5,436 | $6,837-20.5% | $10,408-47.8% | $4,125+31.8% |
| Admin fee / account holder | $33,875 | $8,173+314.4% | $12,815+164.3% | $5,651+499.5% |