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 | $22,402 | $57,354-60.9% | $83,848-73.3% | $64,186-65.1% |
| Participation rate | 89.2% | 68.6%+20.6pp | 76.1%+13.0pp | 69.6%+19.6pp |
| Annual return | -5.35% | 11.38%-16.7pp | 850.88%-856.2pp | 7.63%-13.0pp |
| Employer contribution / active EE | $811 | $2,545-68.1% | $3,631-77.7% | $2,381-65.9% |
| Participant deferral / active EE | $2,738 | $2,993-8.5% | $4,082-32.9% | $3,470-21.1% |
| Admin fee / account holder | $3,337 | $4,046-17.5% | $5,478-39.1% | $4,888-31.7% |