Filed February 5, 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 | $219,453 | $117,841+86.2% | $102,423+114.3% | $145,922+50.4% |
| Participation rate | 70.0% | 78.6%-8.6pp | 76.5%-6.5pp | 80.3%-10.3pp |
| Annual return | 17.78% | 31.65%-13.9pp | 29.32%-11.5pp | 561.29%-543.5pp |
| Employer contribution / active EE | $1,847 | $3,615-48.9% | $3,023-38.9% | $4,660-60.4% |
| Participant deferral / active EE | $3,022 | $5,731-47.3% | $5,053-40.2% | $6,688-54.8% |
| Admin fee / account holder | $9,696 | $13,326-27.2% | $9,451+2.6% | $13,397-27.6% |