Filed January 11, 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 3-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 | $97,782 | $44,850+118.0% | $60,547+61.5% | $59,632+64.0% |
| Participation rate | 95.5% | 59.5%+36.0pp | 68.0%+27.5pp | 68.7%+26.8pp |
| Annual return | 0.11% | 1074.14%-1074.0pp | 335.64%-335.5pp | 2041.28%-2041.2pp |
| Employer contribution / active EE | $3,956 | $1,462+170.6% | $2,419+63.5% | $2,203+79.6% |
| Participant deferral / active EE | $7,772 | $2,230+248.5% | $3,328+133.5% | $3,192+143.5% |
| Admin fee / account holder | $3,469 | $3,635-4.6% | $4,536-23.5% | $4,297-19.3% |