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 | $220,423 | $54,762+302.5% | $90,281+144.2% | $72,985+202.0% |
| Participation rate | 100.0% | 65.1%+34.9pp | 73.3%+26.7pp | 69.5%+30.5pp |
| Annual return | 23.15% | 30.63%-7.5pp | 78.10%-55.0pp | 81.00%-57.9pp |
| Employer contribution / active EE | $4,933 | $2,092+135.8% | $2,854+72.8% | $2,440+102.2% |
| Participant deferral / active EE | $9,113 | $2,887+215.6% | $3,885+134.5% | $3,607+152.6% |
| Admin fee / account holder | $1,081 | $3,972-72.8% | $5,351-79.8% | $5,124-78.9% |