Filed November 25, 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 | $85,445 | $76,050+12.4% | $96,544-11.5% | $71,457+19.6% |
| Participation rate | 97.1% | 74.4%+22.7pp | 76.0%+21.1pp | 67.9%+29.2pp |
| Annual return | 16.45% | 22.81%-6.4pp | 25.84%-9.4pp | 28.85%-12.4pp |
| Employer contribution / active EE | $3,984 | $2,244+77.5% | $2,965+34.4% | $2,588+53.9% |
| Participant deferral / active EE | $6,259 | $4,215+48.5% | $4,851+29.0% | $4,289+45.9% |
| Admin fee / account holder | $8,662 | $2,707+220.0% | $8,252+5.0% | $1,587+445.7% |