Filed September 18, 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 | $77,064 | $58,851+30.9% | $115,157-33.1% | $72,985+5.6% |
| Participation rate | 86.2% | 65.5%+20.6pp | 75.9%+10.3pp | 69.5%+16.7pp |
| Annual return | 21.41% | 23.16%-1.8pp | 35.60%-14.2pp | 81.00%-59.6pp |
| Employer contribution / active EE | $2,180 | $1,798+21.2% | $3,179-31.4% | $2,440-10.7% |
| Participant deferral / active EE | $5,659 | $2,643+114.1% | $4,168+35.8% | $3,607+56.9% |
| Admin fee / account holder | $4,152 | $6,370-34.8% | $7,088-41.4% | $5,124-19.0% |