Filed December 18, 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 9-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 | $124,701 | $72,277+72.5% | $101,248+23.2% | $79,858+56.2% |
| Participation rate | 74.2% | 68.5%+5.7pp | 75.8%-1.6pp | 69.6%+4.6pp |
| Annual return | 21.67% | 22.30%-0.6pp | 46.47%-24.8pp | 31.71%-10.0pp |
| Employer contribution / active EE | $2,446 | $2,692-9.1% | $3,660-33.2% | $2,471-1.0% |
| Participant deferral / active EE | $8,237 | $3,282+151.0% | $4,370+88.5% | $3,740+120.2% |
| Admin fee / account holder | $4,001 | $4,400-9.1% | $5,945-32.7% | $5,306-24.6% |