Filed July 15, 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 9-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 | $21,173 | $58,927-64.1% | $76,817-72.4% | $72,985-71.0% |
| Participation rate | 87.8% | 67.3%+20.4pp | 72.1%+15.7pp | 69.5%+18.3pp |
| Annual return | 25.86% | 2305.64%-2279.8pp | 1166.11%-1140.2pp | 81.00%-55.1pp |
| Employer contribution / active EE | $2,245 | $1,787+25.6% | $2,302-2.5% | $2,440-8.0% |
| Participant deferral / active EE | $4,246 | $2,690+57.8% | $3,336+27.3% | $3,607+17.7% |
| Admin fee / account holder | $1,894 | $4,013-52.8% | $6,420-70.5% | $5,124-63.0% |