Filed November 27, 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 5-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 | $65,380 | $79,523-17.8% | $140,016-53.3% | $56,287+16.2% |
| Participation rate | 98.2% | 85.7%+12.5pp | 87.5%+10.7pp | 69.9%+28.3pp |
| Annual return | -4.61% | 2.39%-7.0pp | 651.12%-655.7pp | -9.96%+5.3pp |
| Employer contribution / active EE | $2,269 | $3,350-32.3% | $5,606-59.5% | $2,111+7.5% |
| Participant deferral / active EE | $6,334 | $5,129+23.5% | $6,927-8.6% | $3,350+89.1% |
| Admin fee / account holder | $2,044 | $614+232.7% | $10,705-80.9% | $521+292.4% |