Filed December 7, 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 | $121,554 | $82,664+47.0% | $125,339-3.0% | $68,494+77.5% |
| Participation rate | 91.4% | 75.0%+16.4pp | 82.4%+9.1pp | 67.9%+23.5pp |
| Annual return | -16.96% | -5.97%-11.0pp | 572.05%-589.0pp | -7.84%-9.1pp |
| Employer contribution / active EE | $3,051 | $3,381-9.8% | $4,814-36.6% | $2,596+17.5% |
| Participant deferral / active EE | $8,558 | $6,110+40.1% | $7,446+14.9% | $4,027+112.5% |
| Admin fee / account holder | $3,090 | $6,275-50.8% | $10,010-69.1% | $5,403-42.8% |