Filed June 17, 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 | $60,162 | $102,605-41.4% | $145,661-58.7% | $84,808-29.1% |
| Participation rate | 81.1% | 74.3%+6.9pp | 77.2%+3.9pp | 68.3%+12.8pp |
| Annual return | 13.60% | 26.50%-12.9pp | 101.46%-87.9pp | 40.90%-27.3pp |
| Employer contribution / active EE | $1,274 | $3,325-61.7% | $4,238-69.9% | $2,631-51.6% |
| Participant deferral / active EE | $2,938 | $5,750-48.9% | $7,198-59.2% | $4,212-30.2% |
| Admin fee / account holder | $1,276 | $8,758-85.4% | $12,466-89.8% | $7,344-82.6% |