Filed June 4, 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 | $66,916 | $153,772-56.5% | $133,980-50.1% | $273,961-75.6% |
| Participation rate | 85.7% | 88.4%-2.7pp | 87.1%-1.4pp | 83.0%+2.7pp |
| Annual return | 6.15% | 36.51%-30.4pp | 29.30%-23.2pp | 41.45%-35.3pp |
| Employer contribution / active EE | $2,976 | $6,029-50.6% | $5,211-42.9% | $4,869-38.9% |
| Participant deferral / active EE | $4,705 | $6,958-32.4% | $6,282-25.1% | $5,287-11.0% |
| Admin fee / account holder | $5,252 | $11,765-55.4% | $9,324-43.7% | $10,132-48.2% |