Filed August 11, 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 | $131,325 | $74,888+75.4% | $71,209+84.4% | $142,382-7.8% |
| Participation rate | 100.0% | 76.2%+23.8pp | 73.8%+26.2pp | 80.1%+19.9pp |
| Annual return | 18.58% | 345.14%-326.6pp | 282.51%-263.9pp | 217.08%-198.5pp |
| Employer contribution / active EE | $9,574 | $2,854+235.4% | $2,721+251.8% | $4,299+122.7% |
| Participant deferral / active EE | $10,180 | $4,454+128.5% | $4,175+143.8% | $6,507+56.4% |
| Admin fee / account holder | $5,719 | $5,568+2.7% | $5,349+6.9% | $12,624-54.7% |