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 | $71,457 | $99,985-28.5% | $146,665-51.3% | $85,850-16.8% |
| Participation rate | 85.9% | 73.1%+12.9pp | 80.1%+5.9pp | 69.3%+16.6pp |
| Annual return | 14.27% | 18.93%-4.7pp | 22.74%-8.5pp | 318.53%-304.3pp |
| Employer contribution / active EE | $864 | $2,559-66.2% | $4,136-79.1% | $2,565-66.3% |
| Participant deferral / active EE | $5,218 | $4,006+30.3% | $5,506-5.2% | $3,952+32.0% |
| Admin fee / account holder | $6,142 | $7,702-20.3% | $10,280-40.2% | $6,260-1.9% |