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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $163,567 | $238,490-31.4% | $180,183-9.2% | $142,382+14.9% |
| Participation rate | 100.0% | 82.3%+17.7pp | 77.4%+22.6pp | 80.1%+19.9pp |
| Annual return | 15.59% | 33.56%-18.0pp | 27.86%-12.3pp | 217.08%-201.5pp |
| Employer contribution / active EE | $23,859 | $6,143+288.4% | $5,039+373.5% | $4,299+455.0% |
| Participant deferral / active EE | $13,338 | $7,996+66.8% | $6,822+95.5% | $6,507+105.0% |
| Admin fee / account holder | $52,808 | $28,866+82.9% | $19,975+164.4% | $12,624+318.3% |