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 | $169,568 | $123,793+37.0% | $177,821-4.6% | $79,858+112.3% |
| Participation rate | 80.2% | 84.7%-4.4pp | 87.7%-7.5pp | 69.6%+10.6pp |
| Annual return | 17.26% | 22.82%-5.6pp | 48.32%-31.1pp | 31.71%-14.5pp |
| Employer contribution / active EE | $3,332 | $4,095-18.6% | $5,918-43.7% | $2,471+34.8% |
| Participant deferral / active EE | $5,614 | $5,956-5.7% | $7,714-27.2% | $3,740+50.1% |
| Admin fee / account holder | $3,020 | $7,243-58.3% | $12,427-75.7% | $5,306-43.1% |