Filed July 2, 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 7-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 | $104,531 | $54,705+91.1% | $71,209+46.8% | $84,808+23.3% |
| Participation rate | 87.1% | 64.1%+23.0pp | 73.8%+13.3pp | 68.3%+18.8pp |
| Annual return | 17.34% | 35.90%-18.6pp | 282.51%-265.2pp | 40.90%-23.6pp |
| Employer contribution / active EE | $6,455 | $2,158+199.1% | $2,721+137.2% | $2,631+145.4% |
| Participant deferral / active EE | $12,985 | $3,030+328.5% | $4,175+211.0% | $4,212+208.3% |
| Admin fee / account holder | $8,953 | $4,863+84.1% | $5,349+67.4% | $7,344+21.9% |