Filed July 24, 2020 (most recent of 4 filings on file)
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 | $34,001 | $65,703-48.3% | $94,224-63.9% | $59,632-43.0% |
| Participation rate | 86.4% | 72.1%+14.3pp | 78.8%+7.7pp | 68.7%+17.8pp |
| Annual return | 0.36% | 5.22%-4.9pp | 10.68%-10.3pp | 2041.28%-2040.9pp |
| Employer contribution / active EE | $511 | $2,021-74.7% | $3,587-85.8% | $2,203-76.8% |
| Participant deferral / active EE | $3,858 | $3,143+22.8% | $4,320-10.7% | $3,192+20.9% |
| Admin fee / account holder | $858 | $4,264-79.9% | $6,269-86.3% | $4,297-80.0% |