Filed January 3, 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 9-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 | $39,315 | $77,634-49.4% | $156,549-74.9% | $62,891-37.5% |
| Participation rate | 70.7% | 71.2%-0.5pp | 84.0%-13.3pp | 69.3%+1.4pp |
| Annual return | 6.39% | 50.32%-43.9pp | 32.23%-25.8pp | 20.14%-13.8pp |
| Employer contribution / active EE | $1,142 | $3,444-66.8% | $5,501-79.2% | $2,281-49.9% |
| Participant deferral / active EE | $3,186 | $3,045+4.6% | $4,871-34.6% | $3,203-0.5% |
| Admin fee / account holder | $1,925 | $5,561-65.4% | $13,027-85.2% | $4,296-55.2% |