Filed March 22, 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,470 | $94,529-74.1% | $140,016-82.5% | $64,186-61.9% |
| Participation rate | 82.7% | 84.1%-1.4pp | 87.5%-4.8pp | 69.6%+13.1pp |
| Annual return | -6.92% | 7.77%-14.7pp | 651.12%-658.0pp | 7.63%-14.5pp |
| Employer contribution / active EE | $2,615 | $3,812-31.4% | $5,606-53.4% | $2,381+9.8% |
| Participant deferral / active EE | $4,182 | $5,250-20.4% | $6,927-39.6% | $3,470+20.5% |
| Admin fee / account holder | $18,201 | $6,741+170.0% | $10,705+70.0% | $4,888+272.4% |