Filed July 17, 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 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.
Employer 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 | $88,890 | $60,022+48.1% | $88,946-0.1% | $84,808+4.8% |
| Participation rate | 88.1% | 57.8%+30.3pp | 68.8%+19.2pp | 68.3%+19.8pp |
| Annual return | 15.74% | 22.43%-6.7pp | 57.82%-42.1pp | 40.90%-25.2pp |
| Employer contribution / active EE | $0 | $1,703-100.0% | $2,555-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $8,622 | $3,114+176.9% | $4,581+88.2% | $4,212+104.7% |
| Admin fee / account holder | $3,599 | $4,811-25.2% | $8,261-56.4% | $7,344-51.0% |