Filed May 24, 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 | $96,270 | $81,900+17.5% | $119,609-19.5% | $68,494+40.6% |
| Participation rate | 96.2% | 71.9%+24.3pp | 79.3%+17.0pp | 67.9%+28.3pp |
| Annual return | -17.59% | -23.82%+6.2pp | -14.97%-2.6pp | -7.84%-9.7pp |
| Employer contribution / active EE | $2,024 | $2,693-24.8% | $4,232-52.2% | $2,596-22.0% |
| Participant deferral / active EE | $2,002 | $4,148-51.7% | $5,602-64.3% | $4,027-50.3% |
| Admin fee / account holder | $5,068 | $6,582-23.0% | $10,323-50.9% | $5,403-6.2% |