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 | $51,638+102.4% | $68,368+52.9% | $82,448+26.8% |
| Participation rate | 87.1% | 63.6%+23.5pp | 73.8%+13.3pp | 68.1%+19.0pp |
| Annual return | 17.34% | 37.53%-20.2pp | 292.57%-275.2pp | 41.64%-24.3pp |
| Employer contribution / active EE | $6,455 | $2,047+215.4% | $2,649+143.7% | $2,551+153.1% |
| Participant deferral / active EE | $12,985 | $2,914+345.7% | $4,123+215.0% | $4,139+213.7% |
| Admin fee / account holder | $8,953 | $4,643+92.8% | $5,150+73.9% | $7,234+23.8% |