Filed October 15, 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 6-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 | $44,721 | $125,758-64.4% | $169,993-73.7% | $75,163-40.5% |
| Participation rate | 100.0% | 83.6%+16.4pp | 87.0%+13.0pp | 67.2%+32.8pp |
| Annual return | 24.12% | 27.20%-3.1pp | 53.37%-29.3pp | 160.62%-136.5pp |
| Employer contribution / active EE | $13,588 | $4,615+194.4% | $6,785+100.3% | $2,670+408.9% |
| Participant deferral / active EE | $8,074 | $6,837+18.1% | $10,408-22.4% | $4,125+95.7% |
| Admin fee / account holder | $2,607 | $8,173-68.1% | $12,815-79.7% | $5,651-53.9% |