Filed September 25, 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 | $37,119 | $49,177-24.5% | $79,464-53.3% | $64,186-42.2% |
| Participation rate | 88.0% | 65.0%+23.0pp | 73.3%+14.7pp | 69.6%+18.4pp |
| Annual return | -3.93% | -1.16%-2.8pp | 718.14%-722.1pp | 7.63%-11.6pp |
| Employer contribution / active EE | $4,458 | $2,076+114.7% | $2,800+59.2% | $2,381+87.2% |
| Participant deferral / active EE | $6,532 | $2,821+131.5% | $3,704+76.3% | $3,470+88.3% |
| Admin fee / account holder | $5,963 | $3,839+55.3% | $5,113+16.6% | $4,888+22.0% |