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 | $44,166 | $54,762-19.4% | $90,281-51.1% | $72,985-39.5% |
| Participation rate | 84.0% | 65.1%+18.9pp | 73.3%+10.7pp | 69.5%+14.5pp |
| Annual return | 20.61% | 30.63%-10.0pp | 78.10%-57.5pp | 81.00%-60.4pp |
| Employer contribution / active EE | $4,523 | $2,092+116.1% | $2,854+58.5% | $2,440+85.4% |
| Participant deferral / active EE | $7,509 | $2,887+160.1% | $3,885+93.3% | $3,607+108.2% |
| Admin fee / account holder | $2,490 | $3,972-37.3% | $5,351-53.5% | $5,124-51.4% |