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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $240,574 | $211,958+13.5% | $169,463+42.0% | $135,375+77.7% |
| Participation rate | 100.0% | 82.6%+17.4pp | 77.8%+22.2pp | 82.6%+17.4pp |
| Annual return | -5.07% | 3.26%-8.3pp | 1.83%-6.9pp | 519.73%-524.8pp |
| Employer contribution / active EE | $15,634 | $5,120+205.4% | $4,159+275.9% | $4,779+227.2% |
| Participant deferral / active EE | $2,318 | $6,075-61.8% | $5,277-56.1% | $5,609-58.7% |
| Admin fee / account holder | $11,028 | $11,471-3.9% | $9,109+21.1% | $10,827+1.9% |