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 | $48,894 | $85,766-43.0% | $136,294-64.1% | $70,131-30.3% |
| Participation rate | 86.7% | 74.2%+12.5pp | 81.9%+4.7pp | 69.5%+17.1pp |
| Annual return | 127.37% | 31.45%+95.9pp | 5155.94%-5028.6pp | 73.14%+54.2pp |
| Employer contribution / active EE | $10,560 | $2,966+256.0% | $4,695+124.9% | $2,342+350.8% |
| Participant deferral / active EE | $5,170 | $5,051+2.4% | $6,247-17.2% | $3,332+55.2% |
| Admin fee / account holder | $672 | $5,420-87.6% | $9,243-92.7% | $4,645-85.5% |