Filed April 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 | $188,959 | $76,552+146.8% | $123,892+52.5% | $62,891+200.5% |
| Participation rate | 98.3% | 73.0%+25.3pp | 81.4%+16.9pp | 69.3%+29.0pp |
| Annual return | 8.57% | 18.68%-10.1pp | 47.52%-38.9pp | 20.14%-11.6pp |
| Employer contribution / active EE | $13,307 | $2,883+361.6% | $4,617+188.2% | $2,281+483.4% |
| Participant deferral / active EE | $10,362 | $4,840+114.1% | $5,984+73.2% | $3,203+223.5% |
| Admin fee / account holder | $4,519 | $4,826-6.4% | $8,357-45.9% | $4,296+5.2% |