Filed November 20, 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 | $103,003 | $72,404+42.3% | $110,238-6.6% | $64,186+60.5% |
| Participation rate | 96.3% | 73.3%+23.0pp | 79.8%+16.5pp | 69.6%+26.7pp |
| Annual return | -4.70% | -6.29%+1.6pp | 314.74%-319.4pp | 7.63%-12.3pp |
| Employer contribution / active EE | $4,079 | $2,282+78.8% | $3,826+6.6% | $2,381+71.3% |
| Participant deferral / active EE | $5,624 | $3,469+62.1% | $4,672+20.4% | $3,470+62.1% |
| Admin fee / account holder | $8,002 | $5,664+41.3% | $8,547-6.4% | $4,888+63.7% |