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 | $235,952 | $60,124+292.4% | $90,404+161.0% | $79,858+195.5% |
| Participation rate | 100.0% | 65.0%+35.0pp | 72.7%+27.3pp | 69.6%+30.4pp |
| Annual return | 14.35% | 71.94%-57.6pp | 1293.02%-1278.7pp | 31.71%-17.4pp |
| Employer contribution / active EE | $4,866 | $2,068+135.3% | $3,262+49.2% | $2,471+96.9% |
| Participant deferral / active EE | $9,063 | $2,938+208.5% | $3,963+128.7% | $3,740+142.3% |
| Admin fee / account holder | $8,702 | $3,976+118.8% | $5,611+55.1% | $5,306+64.0% |