Filed February 10, 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 | $80,197 | $148,978-46.2% | $200,582-60.0% | $84,808-5.4% |
| Participation rate | 98.1% | 84.2%+13.9pp | 86.9%+11.2pp | 68.3%+29.8pp |
| Annual return | 21.49% | 28.16%-6.7pp | 42.33%-20.8pp | 40.90%-19.4pp |
| Employer contribution / active EE | $3,896 | $4,815-19.1% | $6,419-39.3% | $2,631+48.1% |
| Participant deferral / active EE | $6,522 | $7,142-8.7% | $9,331-30.1% | $4,212+54.9% |
| Admin fee / account holder | $3,410 | $13,977-75.6% | $16,305-79.1% | $7,344-53.6% |