Filed August 10, 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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $276,734 | $232,540+19.0% | $185,117+49.5% | $147,584+87.5% |
| Participation rate | 100.0% | 82.4%+17.6pp | 77.3%+22.7pp | 82.8%+17.2pp |
| Annual return | 17.82% | 43.03%-25.2pp | 40.50%-22.7pp | 578.55%-560.7pp |
| Employer contribution / active EE | $18,326 | $5,195+252.8% | $4,182+338.3% | $4,876+275.8% |
| Participant deferral / active EE | $3,480 | $5,834-40.3% | $5,045-31.0% | $5,439-36.0% |
| Admin fee / account holder | $5,794 | $10,275-43.6% | $8,159-29.0% | $10,885-46.8% |