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 | $94,556 | $54,705+72.8% | $71,209+32.8% | $84,808+11.5% |
| Participation rate | 76.9% | 64.1%+12.9pp | 73.8%+3.2pp | 68.3%+8.6pp |
| Annual return | 19.68% | 35.90%-16.2pp | 282.51%-262.8pp | 40.90%-21.2pp |
| Employer contribution / active EE | $4,640 | $2,158+115.0% | $2,721+70.5% | $2,631+76.3% |
| Participant deferral / active EE | $6,885 | $3,030+127.2% | $4,175+64.9% | $4,212+63.5% |
| Admin fee / account holder | $10,207 | $4,863+109.9% | $5,349+90.8% | $7,344+39.0% |