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 | $56,265 | $87,135-35.4% | $206,214-72.7% | $116,875-51.9% |
| Participation rate | 94.6% | 76.8%+17.8pp | 82.4%+12.3pp | 74.5%+20.1pp |
| Annual return | 25.84% | 22.51%+3.3pp | -1.60%+27.4pp | 16.29%+9.5pp |
| Employer contribution / active EE | $1,741 | $3,046-42.9% | $5,967-70.8% | $3,288-47.1% |
| Participant deferral / active EE | $5,783 | $3,898+48.4% | $4,649+24.4% | $3,885+48.9% |
| Admin fee / account holder | $15,614 | $8,630+80.9% | $13,671+14.2% | $12,263+27.3% |