Filed July 13, 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 | $226,818 | $63,346+258.1% | $92,233+145.9% | $70,131+223.4% |
| Participation rate | 93.9% | 68.7%+25.3pp | 76.5%+17.5pp | 69.5%+24.4pp |
| Annual return | 15.35% | 530.12%-514.8pp | 176.28%-160.9pp | 73.14%-57.8pp |
| Employer contribution / active EE | $8,158 | $2,471+230.2% | $3,679+121.7% | $2,342+248.3% |
| Participant deferral / active EE | $7,568 | $2,854+165.2% | $3,897+94.2% | $3,332+127.1% |
| Admin fee / account holder | $6,864 | $3,840+78.7% | $5,194+32.2% | $4,645+47.8% |