Filed October 15, 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.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,657 | $201,272-60.4% | $184,203-56.8% | $145,922-45.4% |
| Participation rate | 87.5% | 87.5%0pp | 86.8%+0.7pp | 80.3%+7.2pp |
| Annual return | 7.44% | 29.00%-21.6pp | 28.81%-21.4pp | 561.29%-553.8pp |
| Employer contribution / active EE | $2,952 | $7,022-58.0% | $6,427-54.1% | $4,660-36.7% |
| Participant deferral / active EE | $3,199 | $9,806-67.4% | $9,131-65.0% | $6,688-52.2% |
| Admin fee / account holder | $9,717 | $16,364-40.6% | $13,901-30.1% | $13,397-27.5% |