Filed July 12, 2018
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 6-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 | $86,976 | $109,359-20.5% | $162,163-46.4% | $72,985+19.2% |
| Participation rate | 92.9% | 84.3%+8.6pp | 87.6%+5.3pp | 69.5%+23.4pp |
| Annual return | 22.00% | 25.46%-3.5pp | 115.59%-93.6pp | 81.00%-59.0pp |
| Employer contribution / active EE | $3,075 | $3,907-21.3% | $5,614-45.2% | $2,440+26.1% |
| Participant deferral / active EE | $3,759 | $5,481-31.4% | $7,298-48.5% | $3,607+4.2% |
| Admin fee / account holder | $4,389 | $7,972-44.9% | $10,843-59.5% | $5,124-14.4% |