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 | $20,156 | $60,124-66.5% | $90,404-77.7% | $79,858-74.8% |
| Participation rate | 77.8% | 65.0%+12.8pp | 72.7%+5.1pp | 69.6%+8.1pp |
| Annual return | 10.52% | 71.94%-61.4pp | 1293.02%-1282.5pp | 31.71%-21.2pp |
| Employer contribution / active EE | $1,775 | $2,068-14.2% | $3,262-45.6% | $2,471-28.2% |
| Participant deferral / active EE | $802 | $2,938-72.7% | $3,963-79.8% | $3,740-78.6% |
| Admin fee / account holder | $2,348 | $3,976-41.0% | $5,611-58.2% | $5,306-55.8% |