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 | $38,098 | $100,041-61.9% | $149,718-74.6% | $70,131-45.7% |
| Participation rate | 85.2% | 83.6%+1.6pp | 87.1%-1.9pp | 69.5%+15.6pp |
| Annual return | 19.58% | 27.43%-7.8pp | 1501.63%-1482.0pp | 73.14%-53.6pp |
| Employer contribution / active EE | $2,260 | $3,662-38.3% | $5,445-58.5% | $2,342-3.5% |
| Participant deferral / active EE | $3,233 | $4,983-35.1% | $6,569-50.8% | $3,332-3.0% |
| Admin fee / account holder | $3,514 | $8,286-57.6% | $11,283-68.9% | $4,645-24.3% |