Filed November 24, 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 10-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 | $23,370 | $76,552-69.5% | $123,892-81.1% | $62,891-62.8% |
| Participation rate | 79.3% | 73.0%+6.3pp | 81.4%-2.1pp | 69.3%+10.0pp |
| Annual return | 1353.87% | 18.68%+1335.2pp | 47.52%+1306.4pp | 20.14%+1333.7pp |
| Employer contribution / active EE | $5,038 | $2,883+74.8% | $4,617+9.1% | $2,281+120.9% |
| Participant deferral / active EE | $3,925 | $4,840-18.9% | $5,984-34.4% | $3,203+22.5% |
| Admin fee / account holder | $665 | $4,826-86.2% | $8,357-92.0% | $4,296-84.5% |