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.
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 | $65,260 | $91,552-28.7% | $133,956-51.3% | $79,858-18.3% |
| Participation rate | 83.3% | 73.3%+10.0pp | 79.8%+3.5pp | 69.6%+13.7pp |
| Annual return | 14.26% | 61.85%-47.6pp | 45.09%-30.8pp | 31.71%-17.5pp |
| Employer contribution / active EE | $795 | $2,384-66.7% | $3,919-79.7% | $2,471-67.8% |
| Participant deferral / active EE | $4,757 | $3,733+27.4% | $5,048-5.8% | $3,740+27.2% |
| Admin fee / account holder | $3,829 | $6,321-39.4% | $8,927-57.1% | $5,306-27.8% |