Filed March 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 7-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 | $12,117 | $100,852-88.0% | $90,404-86.6% | $158,922-92.4% |
| Participation rate | 76.5% | 75.0%+1.5pp | 72.7%+3.8pp | 82.0%-5.5pp |
| Annual return | 24.31% | 1724.20%-1699.9pp | 1293.02%-1268.7pp | 302.83%-278.5pp |
| Employer contribution / active EE | $3,249 | $3,689-11.9% | $3,262-0.4% | $4,761-31.8% |
| Participant deferral / active EE | $2,331 | $4,348-46.4% | $3,963-41.2% | $5,982-61.0% |
| Admin fee / account holder | $711 | $6,501-89.1% | $5,611-87.3% | $11,246-93.7% |