Filed December 9, 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.
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 | $41,339 | $96,635-57.2% | $86,612-52.3% | $139,434-70.4% |
| Participation rate | 100.0% | 74.4%+25.6pp | 71.7%+28.3pp | 80.3%+19.7pp |
| Annual return | 23.90% | 106.41%-82.5pp | 591.07%-567.2pp | 372.94%-349.0pp |
| Employer contribution / active EE | $5,529 | $3,263+69.4% | $3,022+82.9% | $4,751+16.4% |
| Participant deferral / active EE | $6,475 | $4,836+33.9% | $4,438+45.9% | $6,710-3.5% |
| Admin fee / account holder | $4,852 | $6,408-24.3% | $5,614-13.6% | $11,403-57.4% |