Filed October 1, 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 | $58,349 | $87,841-33.6% | $133,980-56.4% | $62,891-7.2% |
| Participation rate | 77.3% | 83.4%-6.1pp | 87.1%-9.8pp | 69.3%+8.0pp |
| Annual return | 6.52% | 12.05%-5.5pp | 29.30%-22.8pp | 20.14%-13.6pp |
| Employer contribution / active EE | $1,082 | $3,483-68.9% | $5,211-79.2% | $2,281-52.5% |
| Participant deferral / active EE | $3,700 | $4,812-23.1% | $6,282-41.1% | $3,203+15.5% |
| Admin fee / account holder | $441 | $5,371-91.8% | $9,324-95.3% | $4,296-89.7% |