Filed September 4, 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 | $85,913 | $70,587+21.7% | $124,672-31.1% | $85,850+0.1% |
| Participation rate | 78.4% | 64.4%+14.0pp | 74.6%+3.8pp | 69.3%+9.1pp |
| Annual return | 14.20% | 20688.83%-20674.6pp | 5142.93%-5128.7pp | 318.53%-304.3pp |
| Employer contribution / active EE | $0 | $1,913-100.0% | $3,324-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $4,009 | $2,969+35.0% | $4,614-13.1% | $3,952+1.4% |
| Admin fee / account holder | $1,790 | $5,282-66.1% | $7,493-76.1% | $6,260-71.4% |