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 | $120,707 | $148,978-19.0% | $200,582-39.8% | $84,808+42.3% |
| Participation rate | 93.0% | 84.2%+8.8pp | 86.9%+6.1pp | 68.3%+24.7pp |
| Annual return | 14.02% | 28.16%-14.1pp | 42.33%-28.3pp | 40.90%-26.9pp |
| Employer contribution / active EE | $4,686 | $4,815-2.7% | $6,419-27.0% | $2,631+78.1% |
| Participant deferral / active EE | $7,493 | $7,142+4.9% | $9,331-19.7% | $4,212+77.9% |
| Admin fee / account holder | $20,025 | $13,977+43.3% | $16,305+22.8% | $7,344+172.7% |