Filed January 14, 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 | $104,584 | $42,894+143.8% | $60,874+71.8% | $68,494+52.7% |
| Participation rate | 97.1% | 66.8%+30.3pp | 73.1%+23.9pp | 67.9%+29.2pp |
| Annual return | -12.26% | -13.98%+1.7pp | 16.90%-29.2pp | -7.84%-4.4pp |
| Employer contribution / active EE | $3,543 | $1,978+79.1% | $2,701+31.1% | $2,596+36.5% |
| Participant deferral / active EE | $4,631 | $2,867+61.5% | $3,817+21.3% | $4,027+15.0% |
| Admin fee / account holder | $2,011 | $3,101-35.1% | $3,224-37.6% | $5,403-62.8% |