Filed June 21, 2018
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 | $52,670 | $138,347-61.9% | $184,203-71.4% | $80,856-34.9% |
| Participation rate | 95.6% | 83.9%+11.7pp | 86.8%+8.8pp | 67.6%+28.0pp |
| Annual return | 17.24% | 20.02%-2.8pp | 28.81%-11.6pp | 35.59%-18.4pp |
| Employer contribution / active EE | $3,041 | $4,850-37.3% | $6,427-52.7% | $2,755+10.4% |
| Participant deferral / active EE | $6,589 | $7,071-6.8% | $9,131-27.8% | $4,296+53.4% |
| Admin fee / account holder | $4,231 | $10,483-59.6% | $13,901-69.6% | $6,918-38.8% |