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 | $117,085 | $138,347-15.4% | $184,203-36.4% | $80,856+44.8% |
| Participation rate | 90.9% | 83.9%+7.0pp | 86.8%+4.1pp | 67.6%+23.3pp |
| Annual return | 15.03% | 20.02%-5.0pp | 28.81%-13.8pp | 35.59%-20.6pp |
| Employer contribution / active EE | $3,714 | $4,850-23.4% | $6,427-42.2% | $2,755+34.8% |
| Participant deferral / active EE | $7,254 | $7,071+2.6% | $9,131-20.6% | $4,296+68.9% |
| Admin fee / account holder | $3,585 | $10,483-65.8% | $13,901-74.2% | $6,918-48.2% |