Filed February 7, 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 | $88,915 | $96,557-7.9% | $80,975+9.8% | $273,961-67.5% |
| Participation rate | 100.0% | 79.1%+20.9pp | 75.8%+24.2pp | 83.0%+17.0pp |
| Annual return | 6.03% | 15.14%-9.1pp | 17.10%-11.1pp | 41.45%-35.4pp |
| Employer contribution / active EE | $14,162 | $4,868+190.9% | $3,714+281.3% | $4,869+190.9% |
| Participant deferral / active EE | $14,500 | $6,598+119.8% | $5,696+154.6% | $5,287+174.3% |
| Admin fee / account holder | $22,111 | $7,492+195.1% | $5,516+300.9% | $10,132+118.2% |