Filed June 10, 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 | $66,520 | $109,359-39.2% | $162,163-59.0% | $72,985-8.9% |
| Participation rate | 96.0% | 84.3%+11.7pp | 87.6%+8.4pp | 69.5%+26.5pp |
| Annual return | 37.13% | 25.46%+11.7pp | 115.59%-78.5pp | 81.00%-43.9pp |
| Employer contribution / active EE | $2,795 | $3,907-28.5% | $5,614-50.2% | $2,440+14.6% |
| Participant deferral / active EE | $3,303 | $5,481-39.7% | $7,298-54.7% | $3,607-8.4% |
| Admin fee / account holder | $10,674 | $7,972+33.9% | $10,843-1.6% | $5,124+108.3% |