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 | $68,643 | $149,734-54.2% | $118,925-42.3% | $158,922-56.8% |
| Participation rate | 91.7% | 82.1%+9.6pp | 75.4%+16.3pp | 82.0%+9.7pp |
| Annual return | 24.59% | 19.95%+4.6pp | 35.88%-11.3pp | 302.83%-278.2pp |
| Employer contribution / active EE | $3,695 | $4,115-10.2% | $3,263+13.2% | $4,761-22.4% |
| Participant deferral / active EE | $11,176 | $5,223+114.0% | $4,265+162.1% | $5,982+86.8% |
| Admin fee / account holder | $2,034 | $8,603-76.4% | $6,581-69.1% | $11,246-81.9% |