Filed October 2, 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 8-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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $53,590 | $72,404-26.0% | $110,238-51.4% | $64,186-16.5% |
| Participation rate | 71.6% | 73.3%-1.7pp | 79.8%-8.2pp | 69.6%+2.1pp |
| Annual return | -6.55% | -6.29%-0.3pp | 314.74%-321.3pp | 7.63%-14.2pp |
| Employer contribution / active EE | $479 | $2,282-79.0% | $3,826-87.5% | $2,381-79.9% |
| Participant deferral / active EE | $3,628 | $3,469+4.6% | $4,672-22.3% | $3,470+4.6% |
| Admin fee / account holder | $884 | $5,664-84.4% | $8,547-89.7% | $4,888-81.9% |