Filed February 26, 2020
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 | $73,671 | $57,354+28.5% | $83,848-12.1% | $64,186+14.8% |
| Participation rate | 71.2% | 68.6%+2.6pp | 76.1%-4.9pp | 69.6%+1.6pp |
| Annual return | -1.23% | 11.38%-12.6pp | 850.88%-852.1pp | 7.63%-8.9pp |
| Employer contribution / active EE | $5,512 | $2,545+116.6% | $3,631+51.8% | $2,381+131.5% |
| Participant deferral / active EE | $7,144 | $2,993+138.7% | $4,082+75.0% | $3,470+105.9% |
| Admin fee / account holder | $2,301 | $4,046-43.1% | $5,478-58.0% | $4,888-52.9% |