Filed January 29, 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 8-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 | $31,361 | $89,355-64.9% | $141,162-77.8% | $72,985-57.0% |
| Participation rate | 83.7% | 75.1%+8.6pp | 82.5%+1.2pp | 69.5%+14.2pp |
| Annual return | 25.11% | 111.85%-86.7pp | 71.39%-46.3pp | 81.00%-55.9pp |
| Employer contribution / active EE | $2,636 | $3,114-15.4% | $4,735-44.3% | $2,440+8.0% |
| Participant deferral / active EE | $4,249 | $5,418-21.6% | $6,709-36.7% | $3,607+17.8% |
| Admin fee / account holder | $3,525 | $5,958-40.8% | $10,261-65.6% | $5,124-31.2% |