Filed January 3, 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 | $140,015 | $78,672+78.0% | $109,143+28.3% | $85,850+63.1% |
| Participation rate | 97.6% | 68.3%+29.3pp | 75.9%+21.7pp | 69.3%+28.2pp |
| Annual return | 16.25% | 25.09%-8.8pp | 25.75%-9.5pp | 318.53%-302.3pp |
| Employer contribution / active EE | $3,119 | $2,735+14.0% | $3,722-16.2% | $2,565+21.6% |
| Participant deferral / active EE | $6,811 | $3,467+96.4% | $4,653+46.4% | $3,952+72.4% |
| Admin fee / account holder | $5,945 | $5,469+8.7% | $6,752-12.0% | $6,260-5.0% |