Filed January 23, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $669,296 | $79,944+737.2% | $98,439+579.9% | $75,163+790.5% |
| Participation rate | 98.5% | 70.4%+28.2pp | 75.2%+23.4pp | 67.2%+31.3pp |
| Annual return | 10.56% | 19.75%-9.2pp | 21.16%-10.6pp | 160.62%-150.1pp |
| Employer contribution / active EE | $18,924 | $2,264+735.9% | $3,048+520.9% | $2,670+608.8% |
| Participant deferral / active EE | $0 | $3,752-100.0% | $4,738-100.0% | $4,125-100.0% |
| Admin fee / account holder | $8,918 | $6,840+30.4% | $8,948-0.3% | $5,651+57.8% |