Filed October 23, 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.
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 | $113,790 | $77,813+46.2% | $123,544-7.9% | $64,186+77.3% |
| Participation rate | 100.0% | 74.7%+25.3pp | 82.3%+17.7pp | 69.6%+30.4pp |
| Annual return | -5.15% | 12.48%-17.6pp | 119.20%-124.3pp | 7.63%-12.8pp |
| Employer contribution / active EE | $4,811 | $3,014+59.6% | $4,628+4.0% | $2,381+102.1% |
| Participant deferral / active EE | $4,077 | $5,240-22.2% | $6,426-36.6% | $3,470+17.5% |
| Admin fee / account holder | $2,378 | $5,519-56.9% | $9,284-74.4% | $4,888-51.4% |