Filed February 26, 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 | $92,391 | $98,750-6.4% | $149,696-38.3% | $79,858+15.7% |
| Participation rate | 85.7% | 75.8%+9.9pp | 82.5%+3.2pp | 69.6%+16.1pp |
| Annual return | 14.39% | 27.43%-13.0pp | 276.60%-262.2pp | 31.71%-17.3pp |
| Employer contribution / active EE | $1,278 | $3,216-60.3% | $4,644-72.5% | $2,471-48.3% |
| Participant deferral / active EE | $5,999 | $5,680+5.6% | $6,842-12.3% | $3,740+60.4% |
| Admin fee / account holder | $3,194 | $6,053-47.2% | $9,309-65.7% | $5,306-39.8% |