Filed September 25, 2019
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 | $31,623 | $54,350-41.8% | $82,719-61.8% | $68,494-53.8% |
| Participation rate | 96.2% | 63.9%+32.2pp | 72.6%+23.6pp | 67.9%+28.3pp |
| Annual return | -10.09% | -13.67%+3.6pp | 701.18%-711.3pp | -7.84%-2.2pp |
| Employer contribution / active EE | $4,132 | $2,218+86.3% | $3,009+37.3% | $2,596+59.2% |
| Participant deferral / active EE | $6,388 | $3,246+96.8% | $4,395+45.3% | $4,027+58.6% |
| Admin fee / account holder | $5,176 | $4,395+17.7% | $5,329-2.9% | $5,403-4.2% |