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 | $59,719 | $92,703-35.6% | $82,719-27.8% | $134,475-55.6% |
| Participation rate | 75.0% | 75.2%-0.2pp | 72.6%+2.4pp | 81.2%-6.2pp |
| Annual return | -16.10% | 944.92%-961.0pp | 701.18%-717.3pp | 417.96%-434.1pp |
| Employer contribution / active EE | $3,772 | $3,274+15.2% | $3,009+25.4% | $4,740-20.4% |
| Participant deferral / active EE | $6,827 | $4,802+42.2% | $4,395+55.3% | $6,400+6.7% |
| Admin fee / account holder | $13,997 | $5,983+134.0% | $5,329+162.7% | $11,426+22.5% |