Filed April 6, 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 | $61,113 | $81,900-25.4% | $119,609-48.9% | $68,494-10.8% |
| Participation rate | 79.4% | 71.9%+7.5pp | 79.3%+0.2pp | 67.9%+11.5pp |
| Annual return | -17.25% | -23.82%+6.6pp | -14.97%-2.3pp | -7.84%-9.4pp |
| Employer contribution / active EE | $4,701 | $2,693+74.5% | $4,232+11.1% | $2,596+81.1% |
| Participant deferral / active EE | $0 | $4,148-100.0% | $5,602-100.0% | $4,027-100.0% |
| Admin fee / account holder | $8,664 | $6,582+31.6% | $10,323-16.1% | $5,403+60.4% |