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 | $92,100 | $159,602-42.3% | $150,045-38.6% | $142,382-35.3% |
| Participation rate | 88.2% | 84.0%+4.3pp | 82.3%+5.9pp | 80.1%+8.1pp |
| Annual return | 22.72% | 70.24%-47.5pp | 62.55%-39.8pp | 217.08%-194.4pp |
| Employer contribution / active EE | $4,784 | $4,961-3.6% | $4,693+1.9% | $4,299+11.3% |
| Participant deferral / active EE | $10,368 | $8,310+24.8% | $7,997+29.7% | $6,507+59.3% |
| Admin fee / account holder | $5,740 | $14,846-61.3% | $13,435-57.3% | $12,624-54.5% |