Filed January 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 | $81,931 | $56,897+44.0% | $84,750-3.3% | $62,891+30.3% |
| Participation rate | 100.0% | 68.5%+31.5pp | 76.6%+23.4pp | 69.3%+30.7pp |
| Annual return | 6.88% | 6.30%+0.6pp | 22.78%-15.9pp | 20.14%-13.3pp |
| Employer contribution / active EE | $3,759 | $2,400+56.7% | $3,574+5.2% | $2,281+64.8% |
| Participant deferral / active EE | $2,550 | $2,709-5.9% | $3,712-31.3% | $3,203-20.4% |
| Admin fee / account holder | $4,404 | $3,581+23.0% | $5,332-17.4% | $4,296+2.5% |