Filed October 22, 2018
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 | $105,619 | $53,127+98.8% | $86,590+22.0% | $70,131+50.6% |
| Participation rate | 76.7% | 65.3%+11.4pp | 73.5%+3.1pp | 69.5%+7.1pp |
| Annual return | 13.68% | 27.66%-14.0pp | 964.84%-951.2pp | 73.14%-59.5pp |
| Employer contribution / active EE | $2,653 | $2,068+28.3% | $2,839-6.6% | $2,342+13.2% |
| Participant deferral / active EE | $4,953 | $2,696+83.7% | $3,609+37.2% | $3,332+48.7% |
| Admin fee / account holder | $20,116 | $3,585+461.0% | $4,906+310.1% | $4,645+333.0% |