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 | $78,879 | $88,751-11.1% | $81,812-3.6% | $145,922-45.9% |
| Participation rate | 82.6% | 75.0%+7.6pp | 72.3%+10.3pp | 80.3%+2.3pp |
| Annual return | 14.49% | 1025.40%-1010.9pp | 773.79%-759.3pp | 561.29%-546.8pp |
| Employer contribution / active EE | $4,496 | $3,083+45.8% | $2,912+54.4% | $4,660-3.5% |
| Participant deferral / active EE | $7,011 | $4,643+51.0% | $4,319+62.3% | $6,688+4.8% |
| Admin fee / account holder | $1,706 | $8,415-79.7% | $7,386-76.9% | $13,397-87.3% |