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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,182 | $54,762-72.3% | $90,281-83.2% | $72,985-79.2% |
| Participation rate | 86.2% | 65.1%+21.1pp | 73.3%+12.9pp | 69.5%+16.7pp |
| Annual return | 14.39% | 30.63%-16.2pp | 78.10%-63.7pp | 81.00%-66.6pp |
| Employer contribution / active EE | $935 | $2,092-55.3% | $2,854-67.3% | $2,440-61.7% |
| Participant deferral / active EE | $1,657 | $2,887-42.6% | $3,885-57.4% | $3,607-54.1% |
| Admin fee / account holder | $1,424 | $3,972-64.2% | $5,351-73.4% | $5,124-72.2% |