Filed January 8, 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 | $148,806 | $89,753+65.8% | $107,525+38.4% | $84,808+75.5% |
| Participation rate | 98.2% | 68.1%+30.2pp | 75.1%+23.1pp | 68.3%+29.9pp |
| Annual return | 13.63% | 29.48%-15.8pp | 181.32%-167.7pp | 40.90%-27.3pp |
| Employer contribution / active EE | $7,332 | $3,113+135.5% | $3,754+95.3% | $2,631+178.7% |
| Participant deferral / active EE | $6,317 | $4,056+55.7% | $5,116+23.5% | $4,212+50.0% |
| Admin fee / account holder | $1,221 | $7,222-83.1% | $8,919-86.3% | $7,344-83.4% |