Filed February 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $3,565 | $90,503-96.1% | $78,689-95.5% | $273,961-98.7% |
| Participation rate | 72.7% | 76.5%-3.8pp | 73.6%-0.8pp | 83.0%-10.3pp |
| Annual return | 11.16% | 75.60%-64.4pp | 62.18%-51.0pp | 41.45%-30.3pp |
| Employer contribution / active EE | $817 | $3,176-74.3% | $2,851-71.4% | $4,869-83.2% |
| Participant deferral / active EE | $1,890 | $3,901-51.5% | $3,517-46.3% | $5,287-64.2% |
| Admin fee / account holder | $1,177 | $5,263-77.6% | $4,510-73.9% | $10,132-88.4% |