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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $110,472 | $46,553+137.3% | $64,056+72.5% | $75,163+47.0% |
| Participation rate | 100.0% | 65.9%+34.1pp | 72.3%+27.7pp | 67.2%+32.8pp |
| Annual return | 12.74% | 26.03%-13.3pp | 33.69%-20.9pp | 160.62%-147.9pp |
| Employer contribution / active EE | $4,960 | $1,974+151.3% | $2,747+80.6% | $2,670+85.8% |
| Participant deferral / active EE | $284 | $2,837-90.0% | $3,880-92.7% | $4,125-93.1% |
| Admin fee / account holder | $5,065 | $2,952+71.6% | $3,068+65.1% | $5,651-10.4% |