Filed April 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 | $73,012 | $100,852-27.6% | $90,404-19.2% | $158,922-54.1% |
| Participation rate | 85.7% | 75.0%+10.7pp | 72.7%+13.0pp | 82.0%+3.8pp |
| Annual return | 14.84% | 1724.20%-1709.4pp | 1293.02%-1278.2pp | 302.83%-288.0pp |
| Employer contribution / active EE | $3,686 | $3,689-0.1% | $3,262+13.0% | $4,761-22.6% |
| Participant deferral / active EE | $6,868 | $4,348+58.0% | $3,963+73.3% | $5,982+14.8% |
| Admin fee / account holder | $10,643 | $6,501+63.7% | $5,611+89.7% | $11,246-5.4% |