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 | $62,398 | $96,635-35.4% | $86,612-28.0% | $139,434-55.2% |
| Participation rate | 75.0% | 74.4%+0.6pp | 71.7%+3.3pp | 80.3%-5.3pp |
| Annual return | 16.83% | 106.41%-89.6pp | 591.07%-574.2pp | 372.94%-356.1pp |
| Employer contribution / active EE | $4,550 | $3,263+39.4% | $3,022+50.5% | $4,751-4.2% |
| Participant deferral / active EE | $6,586 | $4,836+36.2% | $4,438+48.4% | $6,710-1.9% |
| Admin fee / account holder | $15,071 | $6,408+135.2% | $5,614+168.4% | $11,403+32.2% |