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 | $90,174 | $137,414-34.4% | $189,513-52.4% | $85,850+5.0% |
| Participation rate | 98.0% | 84.6%+13.4pp | 87.8%+10.2pp | 69.3%+28.7pp |
| Annual return | 17.26% | 38.14%-20.9pp | 555.15%-537.9pp | 318.53%-301.3pp |
| Employer contribution / active EE | $4,377 | $4,344+0.7% | $6,162-29.0% | $2,565+70.6% |
| Participant deferral / active EE | $4,206 | $6,260-32.8% | $8,221-48.8% | $3,952+6.4% |
| Admin fee / account holder | $1,497 | $8,630-82.7% | $12,045-87.6% | $6,260-76.1% |