Filed June 7, 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 6-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 | $64,155 | $52,953+21.2% | $172,739-62.9% | $65,185-1.6% |
| Participation rate | 74.7% | 66.2%+8.5pp | 82.6%-7.9pp | 70.2%+4.5pp |
| Annual return | 0.00% | 30.12%-30.1pp | 802.84%-802.8pp | 29.38%-29.4pp |
| Employer contribution / active EE | $4,254 | $2,190+94.3% | $5,143-17.3% | $2,177+95.4% |
| Participant deferral / active EE | $2,609 | $2,471+5.6% | $5,198-49.8% | $3,514-25.8% |
| Admin fee / account holder | $23,751 | $472+4933.0% | $13,954+70.2% | $847+2703.9% |