Filed July 28, 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 10-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 | $71,814 | $146,267-50.9% | $197,124-63.6% | $82,448-12.9% |
| Participation rate | 84.8% | 84.0%+0.8pp | 86.7%-1.9pp | 68.1%+16.8pp |
| Annual return | 14.34% | 29.61%-15.3pp | 44.34%-30.0pp | 41.64%-27.3pp |
| Employer contribution / active EE | $2,024 | $4,723-57.1% | $6,227-67.5% | $2,551-20.6% |
| Participant deferral / active EE | $5,762 | $7,035-18.1% | $9,135-36.9% | $4,139+39.2% |
| Admin fee / account holder | $1,620 | $14,422-88.8% | $16,298-90.1% | $7,234-77.6% |