Filed October 24, 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 | $56,476 | $84,233-33.0% | $170,442-66.9% | $70,131-19.5% |
| Participation rate | 83.3% | 70.8%+12.5pp | 83.6%-0.3pp | 69.5%+13.8pp |
| Annual return | 30.40% | 23.06%+7.3pp | 205.93%-175.5pp | 73.14%-42.7pp |
| Employer contribution / active EE | $1,076 | $3,387-68.2% | $5,433-80.2% | $2,342-54.1% |
| Participant deferral / active EE | $3,440 | $3,086+11.5% | $4,939-30.3% | $3,332+3.3% |
| Admin fee / account holder | $4,103 | $5,698-28.0% | $13,880-70.4% | $4,645-11.7% |