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 | $46,035 | $58,208-20.9% | $81,812-43.7% | $80,856-43.1% |
| Participation rate | 90.0% | 63.4%+26.6pp | 72.3%+17.7pp | 67.6%+22.4pp |
| Annual return | 22.94% | 41.66%-18.7pp | 773.79%-750.8pp | 35.59%-12.6pp |
| Employer contribution / active EE | $5,777 | $2,340+146.9% | $2,912+98.4% | $2,755+109.7% |
| Participant deferral / active EE | $8,845 | $3,281+169.6% | $4,319+104.8% | $4,296+105.9% |
| Admin fee / account holder | $4,596 | $4,981-7.7% | $7,386-37.8% | $6,918-33.6% |