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 | $56,175 | $81,460-31.0% | $103,333-45.6% | $80,856-30.5% |
| Participation rate | 84.0% | 66.8%+17.2pp | 74.5%+9.5pp | 67.6%+16.4pp |
| Annual return | 18.11% | 25.55%-7.4pp | 24.88%-6.8pp | 35.59%-17.5pp |
| Employer contribution / active EE | $1,499 | $3,105-51.7% | $3,868-61.2% | $2,755-45.6% |
| Participant deferral / active EE | $6,341 | $3,869+63.9% | $5,057+25.4% | $4,296+47.6% |
| Admin fee / account holder | $1,140 | $6,566-82.6% | $8,355-86.4% | $6,918-83.5% |