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 | $161,076 | $89,753+79.5% | $107,525+49.8% | $84,808+89.9% |
| Participation rate | 93.6% | 68.1%+25.6pp | 75.1%+18.5pp | 68.3%+25.3pp |
| Annual return | 19.07% | 29.48%-10.4pp | 181.32%-162.2pp | 40.90%-21.8pp |
| Employer contribution / active EE | $1,452 | $3,113-53.4% | $3,754-61.3% | $2,631-44.8% |
| Participant deferral / active EE | $8,929 | $4,056+120.1% | $5,116+74.6% | $4,212+112.0% |
| Admin fee / account holder | $16,416 | $7,222+127.3% | $8,919+84.1% | $7,344+123.5% |