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 | $83,785 | $63,346+32.3% | $92,233-9.2% | $70,131+19.5% |
| Participation rate | 100.0% | 68.7%+31.3pp | 76.5%+23.5pp | 69.5%+30.5pp |
| Annual return | 17.25% | 530.12%-512.9pp | 176.28%-159.0pp | 73.14%-55.9pp |
| Employer contribution / active EE | $3,287 | $2,471+33.0% | $3,679-10.7% | $2,342+40.3% |
| Participant deferral / active EE | $2,723 | $2,854-4.6% | $3,897-30.1% | $3,332-18.3% |
| Admin fee / account holder | $14,507 | $3,840+277.8% | $5,194+179.3% | $4,645+212.3% |