Filed January 22, 2018
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 | $219,667 | $109,881+99.9% | $150,045+46.4% | $84,808+159.0% |
| Participation rate | 97.8% | 76.1%+21.7pp | 82.3%+15.5pp | 68.3%+29.5pp |
| Annual return | 14.77% | 28.25%-13.5pp | 62.55%-47.8pp | 40.90%-26.1pp |
| Employer contribution / active EE | $7,172 | $3,561+101.4% | $4,693+52.8% | $2,631+172.6% |
| Participant deferral / active EE | $7,069 | $6,636+6.5% | $7,997-11.6% | $4,212+67.8% |
| Admin fee / account holder | $1,242 | $8,568-85.5% | $13,435-90.8% | $7,344-83.1% |