Filed July 1, 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.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $28,648 |
Service code 49 · EIN 52-2114207 | Other Services | $7,216 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,420 | $69,362-79.2% | $101,248-85.8% | $73,488-80.4% |
| Participation rate | 92.5% | 68.4%+24.1pp | 75.8%+16.6pp | 70.7%+21.8pp |
| Annual return | 16.29% | 18.46%-2.2pp | 46.47%-30.2pp | 28.51%-12.2pp |
| Employer contribution / active EE | $2,024 | $2,628-23.0% | $3,660-44.7% | $2,270-10.9% |
| Participant deferral / active EE | $2,183 | $3,300-33.8% | $4,370-50.0% | $3,740-41.6% |
| Admin fee / account holder | $162 | $704-76.9% | $5,945-97.3% | $513-68.3% |