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 | $176,077 | $53,127+231.4% | $86,590+103.3% | $70,131+151.1% |
| Participation rate | 93.5% | 65.3%+28.2pp | 73.5%+20.0pp | 69.5%+24.0pp |
| Annual return | 18.41% | 27.66%-9.2pp | 964.84%-946.4pp | 73.14%-54.7pp |
| Employer contribution / active EE | $4,528 | $2,068+118.9% | $2,839+59.5% | $2,342+93.3% |
| Participant deferral / active EE | $6,905 | $2,696+156.2% | $3,609+91.4% | $3,332+107.3% |
| Admin fee / account holder | $11,319 | $3,585+215.7% | $4,906+130.7% | $4,645+143.7% |