Filed April 28, 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 | $25,654 | $85,766-70.1% | $136,294-81.2% | $70,131-63.4% |
| Participation rate | 70.5% | 74.2%-3.7pp | 81.9%-11.5pp | 69.5%+0.9pp |
| Annual return | 21.36% | 31.45%-10.1pp | 5155.94%-5134.6pp | 73.14%-51.8pp |
| Employer contribution / active EE | $2,426 | $2,966-18.2% | $4,695-48.3% | $2,342+3.6% |
| Participant deferral / active EE | $5,740 | $5,051+13.6% | $6,247-8.1% | $3,332+72.3% |
| Admin fee / account holder | $536 | $5,420-90.1% | $9,243-94.2% | $4,645-88.5% |