Filed May 6, 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 5-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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $97,522 | $210,648-53.7% | $177,989-45.2% | $145,922-33.2% |
| Participation rate | 88.9% | 80.8%+8.1pp | 77.1%+11.8pp | 80.3%+8.6pp |
| Annual return | 4.86% | 385.86%-381.0pp | 294.48%-289.6pp | 561.29%-556.4pp |
| Employer contribution / active EE | $6,403 | $4,565+40.3% | $3,949+62.1% | $4,660+37.4% |
| Participant deferral / active EE | $11,925 | $6,958+71.4% | $6,276+90.0% | $6,688+78.3% |
| Admin fee / account holder | $1,304 | $12,013-89.1% | $10,363-87.4% | $13,397-90.3% |