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 | $62,341 | $148,978-58.2% | $200,582-68.9% | $84,808-26.5% |
| Participation rate | 95.5% | 84.2%+11.2pp | 86.9%+8.6pp | 68.3%+27.1pp |
| Annual return | 13.97% | 28.16%-14.2pp | 42.33%-28.4pp | 40.90%-26.9pp |
| Employer contribution / active EE | $2,859 | $4,815-40.6% | $6,419-55.5% | $2,631+8.7% |
| Participant deferral / active EE | $7,412 | $7,142+3.8% | $9,331-20.6% | $4,212+76.0% |
| Admin fee / account holder | $5,133 | $13,977-63.3% | $16,305-68.5% | $7,344-30.1% |