Filed May 5, 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 6-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 | $46,861 | $73,933-36.6% | $96,683-51.5% | $75,163-37.7% |
| Participation rate | 73.3% | 66.4%+6.9pp | 74.3%-1.0pp | 67.2%+6.1pp |
| Annual return | 17.02% | 26.70%-9.7pp | 35.69%-18.7pp | 160.62%-143.6pp |
| Employer contribution / active EE | $1,807 | $2,928-38.3% | $3,737-51.7% | $2,670-32.3% |
| Participant deferral / active EE | $4,112 | $3,659+12.4% | $4,878-15.7% | $4,125-0.3% |
| Admin fee / account holder | $1,057 | $5,216-79.7% | $6,730-84.3% | $5,651-81.3% |