Filed August 9, 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 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 | $142,311 | $85,766+65.9% | $136,294+4.4% | $70,131+102.9% |
| Participation rate | 96.2% | 74.2%+22.1pp | 81.9%+14.3pp | 69.5%+26.7pp |
| Annual return | 19.33% | 31.45%-12.1pp | 5155.94%-5136.6pp | 73.14%-53.8pp |
| Employer contribution / active EE | $2,742 | $2,966-7.6% | $4,695-41.6% | $2,342+17.0% |
| Participant deferral / active EE | $8,000 | $5,051+58.4% | $6,247+28.1% | $3,332+140.1% |
| Admin fee / account holder | $4,048 | $5,420-25.3% | $9,243-56.2% | $4,645-12.9% |