Filed October 22, 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 | $128,360 | $50,666+153.3% | $76,817+67.1% | $65,185+96.9% |
| Participation rate | 99.0% | 68.8%+30.2pp | 72.1%+27.0pp | 70.2%+28.8pp |
| Annual return | 24.05% | 28.51%-4.5pp | 1166.11%-1142.1pp | 29.38%-5.3pp |
| Employer contribution / active EE | $5,153 | $1,575+227.2% | $2,302+123.8% | $2,177+136.7% |
| Participant deferral / active EE | $5,428 | $2,647+105.1% | $3,336+62.7% | $3,514+54.5% |
| Admin fee / account holder | $6,498 | $463+1303.7% | $6,420+1.2% | $847+667.1% |