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 | $39,000 |
Service code 49 · EIN 52-2114207 | Other Services | $10,706 |
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 | $17,567 | $77,660-77.4% | $109,143-83.9% | $79,386-77.9% |
| Participation rate | 90.7% | 67.8%+22.9pp | 75.9%+14.8pp | 70.7%+20.0pp |
| Annual return | 13.95% | 23.44%-9.5pp | 25.75%-11.8pp | 116.85%-102.9pp |
| Employer contribution / active EE | $1,410 | $2,797-49.6% | $3,722-62.1% | $2,427-41.9% |
| Participant deferral / active EE | $2,282 | $3,518-35.1% | $4,653-51.0% | $4,046-43.6% |
| Admin fee / account holder | $212 | $732-71.1% | $6,752-96.9% | $626-66.2% |