Filed June 7, 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 | $28,746 | $84,233-65.9% | $170,442-83.1% | $70,131-59.0% |
| Participation rate | 87.1% | 70.8%+16.3pp | 83.6%+3.5pp | 69.5%+17.6pp |
| Annual return | 18.36% | 23.06%-4.7pp | 205.93%-187.6pp | 73.14%-54.8pp |
| Employer contribution / active EE | $1,188 | $3,387-64.9% | $5,433-78.1% | $2,342-49.3% |
| Participant deferral / active EE | $3,867 | $3,086+25.3% | $4,939-21.7% | $3,332+16.1% |
| Admin fee / account holder | $1,476 | $5,698-74.1% | $13,880-89.4% | $4,645-68.2% |