Filed March 11, 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 5-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 | $45,705 | $142,405-67.9% | $115,157-60.3% | $152,861-70.1% |
| Participation rate | 90.9% | 82.4%+8.6pp | 75.9%+15.0pp | 82.4%+8.5pp |
| Annual return | 26.11% | 41.48%-15.4pp | 35.60%-9.5pp | 345.32%-319.2pp |
| Employer contribution / active EE | $3,459 | $4,010-13.7% | $3,179+8.8% | $4,762-27.4% |
| Participant deferral / active EE | $10,101 | $5,164+95.6% | $4,168+142.3% | $5,850+72.7% |
| Admin fee / account holder | $1,233 | $8,462-85.4% | $7,088-82.6% | $11,596-89.4% |