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 | $85,457 | $138,347-38.2% | $184,203-53.6% | $80,856+5.7% |
| Participation rate | 100.0% | 83.9%+16.1pp | 86.8%+13.2pp | 67.6%+32.4pp |
| Annual return | 16.67% | 20.02%-3.3pp | 28.81%-12.1pp | 35.59%-18.9pp |
| Employer contribution / active EE | $4,260 | $4,850-12.2% | $6,427-33.7% | $2,755+54.7% |
| Participant deferral / active EE | $4,139 | $7,071-41.5% | $9,131-54.7% | $4,296-3.7% |
| Admin fee / account holder | $7,652 | $10,483-27.0% | $13,901-45.0% | $6,918+10.6% |