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 | $192,243 | $83,477+130.3% | $125,175+53.6% | $72,985+163.4% |
| Participation rate | 88.4% | 73.3%+15.1pp | 79.8%+8.6pp | 69.5%+18.9pp |
| Annual return | 54.77% | 25.78%+29.0pp | 43.79%+11.0pp | 81.00%-26.2pp |
| Employer contribution / active EE | $5,205 | $2,345+121.9% | $3,865+34.6% | $2,440+113.3% |
| Participant deferral / active EE | $0 | $3,585-100.0% | $4,937-100.0% | $3,607-100.0% |
| Admin fee / account holder | $13,082 | $5,517+137.1% | $9,702+34.8% | $5,124+155.3% |