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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $90,693 | $78,926+14.9% | $136,749-33.7% | $84,808+6.9% |
| Participation rate | 80.0% | 62.2%+17.8pp | 72.1%+7.9pp | 68.3%+11.7pp |
| Annual return | 15.28% | 18.17%-2.9pp | 24.33%-9.0pp | 40.90%-25.6pp |
| Employer contribution / active EE | $4,568 | $2,134+114.0% | $3,400+34.4% | $2,631+73.6% |
| Participant deferral / active EE | $123 | $3,168-96.1% | $4,692-97.4% | $4,212-97.1% |
| Admin fee / account holder | $708 | $6,369-88.9% | $11,386-93.8% | $7,344-90.4% |