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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $267,528 | $76,912+247.8% | $129,110+107.2% | $68,494+290.6% |
| Participation rate | 93.8% | 69.1%+24.6pp | 77.3%+16.5pp | 67.9%+25.9pp |
| Annual return | -16.08% | -9.78%-6.3pp | -10.94%-5.1pp | -7.84%-8.2pp |
| Employer contribution / active EE | $15,038 | $3,243+363.8% | $5,052+197.7% | $2,596+479.2% |
| Participant deferral / active EE | $9,671 | $4,732+104.4% | $6,542+47.8% | $4,027+140.2% |
| Admin fee / account holder | $29,585 | $6,638+345.7% | $14,302+106.9% | $5,403+447.6% |