Filed February 7, 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 5-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 | $11,509 | $49,922-76.9% | $80,569-85.7% | $75,163-84.7% |
| Participation rate | 98.5% | 55.3%+43.2pp | 67.0%+31.5pp | 67.2%+31.3pp |
| Annual return | -87.24% | 34.69%-121.9pp | 935.43%-1022.7pp | 160.62%-247.9pp |
| Employer contribution / active EE | $6,729 | $1,698+296.2% | $2,723+147.1% | $2,670+152.0% |
| Participant deferral / active EE | $0 | $2,990-100.0% | $4,447-100.0% | $4,125-100.0% |
| Admin fee / account holder | $886 | $3,577-75.2% | $5,377-83.5% | $5,651-84.3% |