Filed November 2, 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 | $145,826 | $82,664+76.4% | $125,339+16.3% | $68,494+112.9% |
| Participation rate | 96.8% | 75.0%+21.8pp | 82.4%+14.5pp | 67.9%+28.9pp |
| Annual return | 32.16% | -5.97%+38.1pp | 572.05%-539.9pp | -7.84%+40.0pp |
| Employer contribution / active EE | $8,082 | $3,381+139.0% | $4,814+67.9% | $2,596+211.3% |
| Participant deferral / active EE | $0 | $6,110-100.0% | $7,446-100.0% | $4,027-100.0% |
| Admin fee / account holder | $2,487 | $6,275-60.4% | $10,010-75.2% | $5,403-54.0% |