Filed August 29, 2018
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 | $217,278 | $82,032+164.9% | $123,104+76.5% | $59,632+264.4% |
| Participation rate | 97.9% | 83.2%+14.7pp | 86.8%+11.1pp | 68.7%+29.2pp |
| Annual return | 0.72% | 5.12%-4.4pp | 13.22%-12.5pp | 2041.28%-2040.6pp |
| Employer contribution / active EE | $4,617 | $3,297+40.1% | $5,151-10.4% | $2,203+109.6% |
| Participant deferral / active EE | $7,720 | $4,667+65.4% | $6,230+23.9% | $3,192+141.9% |
| Admin fee / account holder | $6,706 | $5,881+14.0% | $9,015-25.6% | $4,297+56.1% |