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 | $15,916 | $49,177-67.6% | $79,464-80.0% | $64,186-75.2% |
| Participation rate | 71.0% | 65.0%+5.9pp | 73.3%-2.4pp | 69.6%+1.4pp |
| Annual return | -4.01% | -1.16%-2.9pp | 718.14%-722.1pp | 7.63%-11.6pp |
| Employer contribution / active EE | $699 | $2,076-66.3% | $2,800-75.0% | $2,381-70.6% |
| Participant deferral / active EE | $1,393 | $2,821-50.6% | $3,704-62.4% | $3,470-59.8% |
| Admin fee / account holder | $1,525 | $3,839-60.3% | $5,113-70.2% | $4,888-68.8% |