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 | $173,429 | $109,413+58.5% | $156,263+11.0% | $84,808+104.5% |
| Participation rate | 78.8% | 72.7%+6.1pp | 78.9%-0.1pp | 68.3%+10.5pp |
| Annual return | 14.71% | 20.18%-5.5pp | 59.47%-44.8pp | 40.90%-26.2pp |
| Employer contribution / active EE | $3,809 | $2,907+31.0% | $4,333-12.1% | $2,631+44.8% |
| Participant deferral / active EE | $5,035 | $4,590+9.7% | $6,158-18.2% | $4,212+19.5% |
| Admin fee / account holder | $29,902 | $9,357+219.6% | $14,255+109.8% | $7,344+307.2% |