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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,287 | $125,758-59.2% | $169,993-69.8% | $75,163-31.8% |
| Participation rate | 82.3% | 83.6%-1.3pp | 87.0%-4.7pp | 67.2%+15.1pp |
| Annual return | 17.54% | 27.20%-9.7pp | 53.37%-35.8pp | 160.62%-143.1pp |
| Employer contribution / active EE | $3,239 | $4,615-29.8% | $6,785-52.3% | $2,670+21.3% |
| Participant deferral / active EE | $5,763 | $6,837-15.7% | $10,408-44.6% | $4,125+39.7% |
| Admin fee / account holder | $2,839 | $8,173-65.3% | $12,815-77.8% | $5,651-49.8% |