Filed May 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 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.)
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $363,453 | $93,373+289.2% | $152,466+138.4% | $85,850+323.4% |
| Participation rate | 94.1% | 70.1%+24.0pp | 78.2%+15.9pp | 69.3%+24.8pp |
| Annual return | 10.42% | 21.84%-11.4pp | 757.33%-746.9pp | 318.53%-308.1pp |
| Employer contribution / active EE | $14,551 | $2,996+385.7% | $4,327+236.3% | $2,565+467.3% |
| Participant deferral / active EE | $10,962 | $4,550+140.9% | $5,820+88.3% | $3,952+177.4% |
| Admin fee / account holder | $182,410 | $13,853+1216.8% | $15,805+1054.1% | $6,260+2814.0% |