Filed September 30, 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 | $124,296 | $99,020+25.5% | $86,590+43.5% | $147,584-15.8% |
| Participation rate | 100.0% | 76.3%+23.7pp | 73.5%+26.5pp | 82.8%+17.2pp |
| Annual return | 28.77% | 1312.34%-1283.6pp | 964.84%-936.1pp | 578.55%-549.8pp |
| Employer contribution / active EE | $8,794 | $3,132+180.8% | $2,839+209.7% | $4,876+80.3% |
| Participant deferral / active EE | $8,212 | $3,972+106.7% | $3,609+127.6% | $5,439+51.0% |
| Admin fee / account holder | $22,417 | $5,710+292.6% | $4,906+357.0% | $10,885+105.9% |