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 | $27,458 | $54,229-49.4% | $70,092-60.8% | $68,494-59.9% |
| Participation rate | 75.7% | 64.5%+11.2pp | 70.5%+5.2pp | 67.9%+7.8pp |
| Annual return | -11.83% | -13.87%+2.0pp | 190.73%-202.6pp | -7.84%-4.0pp |
| Employer contribution / active EE | $1,943 | $2,018-3.7% | $2,559-24.1% | $2,596-25.2% |
| Participant deferral / active EE | $3,814 | $2,956+29.0% | $3,849-0.9% | $4,027-5.3% |
| Admin fee / account holder | $7,570 | $4,694+61.3% | $6,267+20.8% | $5,403+40.1% |