Filed August 1, 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 | $45,139 | $65,409-31.0% | $98,442-54.1% | $85,850-47.4% |
| Participation rate | 89.5% | 65.0%+24.5pp | 73.3%+16.1pp | 69.3%+20.2pp |
| Annual return | 31.84% | 21.76%+10.1pp | 1492.73%-1460.9pp | 318.53%-286.7pp |
| Employer contribution / active EE | $1,031 | $2,168-52.4% | $2,960-65.2% | $2,565-59.8% |
| Participant deferral / active EE | $4,098 | $3,166+29.4% | $4,276-4.2% | $3,952+3.7% |
| Admin fee / account holder | $11,687 | $4,593+154.5% | $5,949+96.4% | $6,260+86.7% |