Filed August 1, 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 7-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 | $19,688 | $124,281-84.2% | $109,143-82.0% | $167,490-88.2% |
| Participation rate | 93.3% | 79.4%+13.9pp | 75.9%+17.5pp | 82.1%+11.2pp |
| Annual return | 30.91% | 26.04%+4.9pp | 25.75%+5.2pp | 478.56%-447.6pp |
| Employer contribution / active EE | $1,878 | $4,207-55.4% | $3,722-49.6% | $4,837-61.2% |
| Participant deferral / active EE | $6,060 | $5,255+15.3% | $4,653+30.2% | $6,341-4.4% |
| Admin fee / account holder | $2,633 | $7,970-67.0% | $6,752-61.0% | $12,309-78.6% |