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 | $137,524 | $73,933+86.0% | $96,683+42.2% | $75,163+83.0% |
| Participation rate | 90.5% | 66.4%+24.1pp | 74.3%+16.1pp | 67.2%+23.3pp |
| Annual return | 16.92% | 26.70%-9.8pp | 35.69%-18.8pp | 160.62%-143.7pp |
| Employer contribution / active EE | $2,008 | $2,928-31.4% | $3,737-46.3% | $2,670-24.8% |
| Participant deferral / active EE | $8,844 | $3,659+141.7% | $4,878+81.3% | $4,125+114.4% |
| Admin fee / account holder | $10,931 | $5,216+109.6% | $6,730+62.4% | $5,651+93.4% |