Filed February 12, 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 | $107,264 | $48,795+119.8% | $65,493+63.8% | $84,808+26.5% |
| Participation rate | 70.2% | 67.0%+3.2pp | 73.1%-2.9pp | 68.3%+1.9pp |
| Annual return | 13.64% | 20.20%-6.6pp | 982.45%-968.8pp | 40.90%-27.3pp |
| Employer contribution / active EE | $2,906 | $1,930+50.6% | $2,574+12.9% | $2,631+10.5% |
| Participant deferral / active EE | $2,906 | $2,928-0.8% | $3,961-26.6% | $4,212-31.0% |
| Admin fee / account holder | $9,249 | $3,877+138.6% | $5,028+83.9% | $7,344+25.9% |