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 | $40,343 | $98,750-59.1% | $149,696-73.1% | $79,858-49.5% |
| Participation rate | 94.4% | 75.8%+18.7pp | 82.5%+12.0pp | 69.6%+24.8pp |
| Annual return | 49.36% | 27.43%+21.9pp | 276.60%-227.2pp | 31.71%+17.6pp |
| Employer contribution / active EE | $1,895 | $3,216-41.1% | $4,644-59.2% | $2,471-23.3% |
| Participant deferral / active EE | $6,540 | $5,680+15.1% | $6,842-4.4% | $3,740+74.9% |
| Admin fee / account holder | $2,217 | $6,053-63.4% | $9,309-76.2% | $5,306-58.2% |