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 | $123,763 | $64,707+91.3% | $112,228+10.3% | $68,494+80.7% |
| Participation rate | 86.7% | 67.2%+19.5pp | 75.1%+11.6pp | 67.9%+18.8pp |
| Annual return | -15.56% | -11.40%-4.2pp | 27.45%-43.0pp | -7.84%-7.7pp |
| Employer contribution / active EE | $1,479 | $2,746-46.2% | $3,635-59.3% | $2,596-43.1% |
| Participant deferral / active EE | $7,340 | $3,565+105.9% | $4,728+55.3% | $4,027+82.3% |
| Admin fee / account holder | $2,385 | $5,232-54.4% | $6,410-62.8% | $5,403-55.9% |