Filed November 12, 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 | $39,180 | $85,202-54.0% | $172,739-77.3% | $72,985-46.3% |
| Participation rate | 95.2% | 70.1%+25.2pp | 82.6%+12.6pp | 69.5%+25.8pp |
| Annual return | 19.31% | 27.32%-8.0pp | 802.84%-783.5pp | 81.00%-61.7pp |
| Employer contribution / active EE | $1,868 | $3,324-43.8% | $5,143-63.7% | $2,440-23.4% |
| Participant deferral / active EE | $3,664 | $3,260+12.4% | $5,198-29.5% | $3,607+1.6% |
| Admin fee / account holder | $5,774 | $5,884-1.9% | $13,954-58.6% | $5,124+12.7% |