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 | $22,369 | $65,409-65.8% | $98,442-77.3% | $85,850-73.9% |
| Participation rate | 70.4% | 65.0%+5.4pp | 73.3%-3.0pp | 69.3%+1.1pp |
| Annual return | 9.37% | 21.76%-12.4pp | 1492.73%-1483.4pp | 318.53%-309.2pp |
| Employer contribution / active EE | $674 | $2,168-68.9% | $2,960-77.2% | $2,565-73.7% |
| Participant deferral / active EE | $1,983 | $3,166-37.4% | $4,276-53.6% | $3,952-49.8% |
| Admin fee / account holder | $4,348 | $4,593-5.3% | $5,949-26.9% | $6,260-30.5% |