Filed October 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 | $32,361 | $82,032-60.6% | $123,104-73.7% | $59,632-45.7% |
| Participation rate | 88.4% | 83.2%+5.2pp | 86.8%+1.6pp | 68.7%+19.7pp |
| Annual return | 1.86% | 5.12%-3.3pp | 13.22%-11.4pp | 2041.28%-2039.4pp |
| Employer contribution / active EE | $2,421 | $3,297-26.6% | $5,151-53.0% | $2,203+9.9% |
| Participant deferral / active EE | $3,398 | $4,667-27.2% | $6,230-45.5% | $3,192+6.5% |
| Admin fee / account holder | $5,543 | $5,881-5.7% | $9,015-38.5% | $4,297+29.0% |