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 | $178,992 | $94,529+89.4% | $140,016+27.8% | $64,186+178.9% |
| Participation rate | 100.0% | 84.1%+15.9pp | 87.5%+12.5pp | 69.6%+30.4pp |
| Annual return | -2.24% | 7.77%-10.0pp | 651.12%-653.4pp | 7.63%-9.9pp |
| Employer contribution / active EE | $5,063 | $3,812+32.8% | $5,606-9.7% | $2,381+112.7% |
| Participant deferral / active EE | $8,258 | $5,250+57.3% | $6,927+19.2% | $3,470+138.0% |
| Admin fee / account holder | $38,188 | $6,741+466.5% | $10,705+256.7% | $4,888+681.3% |