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 | $86,022 | $64,324+33.7% | $118,925-27.7% | $79,858+7.7% |
| Participation rate | 84.5% | 64.9%+19.7pp | 75.4%+9.2pp | 69.6%+14.9pp |
| Annual return | 16.22% | 86.45%-70.2pp | 35.88%-19.7pp | 31.71%-15.5pp |
| Employer contribution / active EE | $2,288 | $1,836+24.6% | $3,263-29.9% | $2,471-7.4% |
| Participant deferral / active EE | $5,808 | $2,824+105.7% | $4,265+36.2% | $3,740+55.3% |
| Admin fee / account holder | $10,261 | $4,040+154.0% | $6,581+55.9% | $5,306+93.4% |