Filed January 28, 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 | $204,881 | $90,503+126.4% | $78,689+160.4% | $273,961-25.2% |
| Participation rate | 95.2% | 76.5%+18.7pp | 73.6%+21.7pp | 83.0%+12.2pp |
| Annual return | 9.32% | 75.60%-66.3pp | 62.18%-52.9pp | 41.45%-32.1pp |
| Employer contribution / active EE | $5,810 | $3,176+82.9% | $2,851+103.8% | $4,869+19.3% |
| Participant deferral / active EE | $7,950 | $3,901+103.8% | $3,517+126.0% | $5,287+50.4% |
| Admin fee / account holder | $5,137 | $5,263-2.4% | $4,510+13.9% | $10,132-49.3% |