Filed October 7, 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 | $18,202 | $48,300-62.3% | $40,145,923-100.0% | $62,891-71.1% |
| Participation rate | 85.9% | 62.0%+23.9pp | 68.4%+17.5pp | 69.3%+16.6pp |
| Annual return | 7.30% | 6.95%+0.3pp | 5.24%+2.1pp | 20.14%-12.8pp |
| Employer contribution / active EE | $315 | $1,333-76.4% | $1,844-82.9% | $2,281-86.2% |
| Participant deferral / active EE | $2,473 | $2,388+3.6% | $2,591-4.5% | $3,203-22.8% |
| Admin fee / account holder | $454 | $2,919-84.4% | $2,903-84.3% | $4,296-89.4% |