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 | $161,732 | $148,978+8.6% | $200,582-19.4% | $84,808+90.7% |
| Participation rate | 100.0% | 84.2%+15.8pp | 86.9%+13.1pp | 68.3%+31.7pp |
| Annual return | 24.57% | 28.16%-3.6pp | 42.33%-17.8pp | 40.90%-16.3pp |
| Employer contribution / active EE | $4,493 | $4,815-6.7% | $6,419-30.0% | $2,631+70.8% |
| Participant deferral / active EE | $7,769 | $7,142+8.8% | $9,331-16.7% | $4,212+84.5% |
| Admin fee / account holder | $20,623 | $13,977+47.5% | $16,305+26.5% | $7,344+180.8% |