Filed September 19, 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 | $20,983 | $52,681-60.2% | $75,781-72.3% | $59,632-64.8% |
| Participation rate | 88.1% | 67.2%+20.9pp | 75.8%+12.3pp | 68.7%+19.5pp |
| Annual return | 0.49% | 2.95%-2.5pp | 9.68%-9.2pp | 2041.28%-2040.8pp |
| Employer contribution / active EE | $508 | $2,193-76.8% | $3,323-84.7% | $2,203-76.9% |
| Participant deferral / active EE | $1,967 | $2,591-24.1% | $3,651-46.1% | $3,192-38.4% |
| Admin fee / account holder | $861 | $3,610-76.2% | $5,299-83.8% | $4,297-80.0% |