Filed October 15, 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 | $78,198 | $85,766-8.8% | $136,294-42.6% | $70,131+11.5% |
| Participation rate | 99.0% | 74.2%+24.8pp | 81.9%+17.0pp | 69.5%+29.4pp |
| Annual return | 19.02% | 31.45%-12.4pp | 5155.94%-5136.9pp | 73.14%-54.1pp |
| Employer contribution / active EE | $7,730 | $2,966+160.6% | $4,695+64.6% | $2,342+230.0% |
| Participant deferral / active EE | $4,677 | $5,051-7.4% | $6,247-25.1% | $3,332+40.4% |
| Admin fee / account holder | $3,777 | $5,420-30.3% | $9,243-59.1% | $4,645-18.7% |