Filed November 9, 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 | $74,369 | $98,750-24.7% | $149,696-50.3% | $79,858-6.9% |
| Participation rate | 80.5% | 75.8%+4.7pp | 82.5%-2.0pp | 69.6%+10.9pp |
| Annual return | 17.47% | 27.43%-10.0pp | 276.60%-259.1pp | 31.71%-14.2pp |
| Employer contribution / active EE | $3,866 | $3,216+20.2% | $4,644-16.8% | $2,471+56.5% |
| Participant deferral / active EE | $12,001 | $5,680+111.3% | $6,842+75.4% | $3,740+220.9% |
| Admin fee / account holder | $6,137 | $6,053+1.4% | $9,309-34.1% | $5,306+15.7% |