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 | $33,995 | $91,538-62.9% | $129,995-73.8% | $75,163-54.8% |
| Participation rate | 74.5% | 71.4%+3.1pp | 78.5%-3.9pp | 67.2%+7.4pp |
| Annual return | 17.58% | -631.11%+648.7pp | -137.18%+154.8pp | 160.62%-143.0pp |
| Employer contribution / active EE | $628 | $2,845-77.9% | $4,320-85.5% | $2,670-76.5% |
| Participant deferral / active EE | $5,061 | $4,341+16.6% | $5,820-13.0% | $4,125+22.7% |
| Admin fee / account holder | $3,925 | $6,790-42.2% | $10,614-63.0% | $5,651-30.5% |