Filed June 21, 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 | $67,666 | $48,795+38.7% | $65,493+3.3% | $84,808-20.2% |
| Participation rate | 100.0% | 67.0%+33.0pp | 73.1%+26.9pp | 68.3%+31.7pp |
| Annual return | 12.60% | 20.20%-7.6pp | 982.45%-969.8pp | 40.90%-28.3pp |
| Employer contribution / active EE | $3,395 | $1,930+76.0% | $2,574+31.9% | $2,631+29.1% |
| Participant deferral / active EE | $5,616 | $2,928+91.8% | $3,961+41.8% | $4,212+33.3% |
| Admin fee / account holder | $1,405 | $3,877-63.8% | $5,028-72.1% | $7,344-80.9% |