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 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.
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 | $80,250 | $79,633+0.8% | $93,789-14.4% | $68,494+17.2% |
| Participation rate | 97.8% | 75.4%+22.4pp | 81.0%+16.8pp | 67.9%+29.9pp |
| Annual return | -14.66% | -0.10%-14.6pp | -11.33%-3.3pp | -7.84%-6.8pp |
| Employer contribution / active EE | $9,714 | $3,665+165.0% | $4,323+124.7% | $2,596+274.2% |
| Participant deferral / active EE | $9,149 | $5,158+77.4% | $6,094+50.1% | $4,027+127.2% |
| Admin fee / account holder | $5,909 | $6,871-14.0% | $7,195-17.9% | $5,403+9.4% |