Filed February 26, 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 8-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $109,719 | $59,805+83.5% | $79,550+37.9% | $68,494+60.2% |
| Participation rate | 94.0% | 61.1%+33.0pp | 69.5%+24.5pp | 67.9%+26.1pp |
| Annual return | 35.66% | -12.30%+48.0pp | 0.16%+35.5pp | -7.84%+43.5pp |
| Employer contribution / active EE | $4,267 | $1,505+183.5% | $2,413+76.8% | $2,596+64.3% |
| Participant deferral / active EE | $0 | $3,024-100.0% | $3,985-100.0% | $4,027-100.0% |
| Admin fee / account holder | $2,615 | $4,835-45.9% | $6,832-61.7% | $5,403-51.6% |