Filed July 6, 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 | $56,246 | $91,538-38.6% | $129,995-56.7% | $75,163-25.2% |
| Participation rate | 100.0% | 71.4%+28.6pp | 78.5%+21.5pp | 67.2%+32.8pp |
| Annual return | 17.72% | -631.11%+648.8pp | -137.18%+154.9pp | 160.62%-142.9pp |
| Employer contribution / active EE | $1,210 | $2,845-57.5% | $4,320-72.0% | $2,670-54.7% |
| Participant deferral / active EE | $3,039 | $4,341-30.0% | $5,820-47.8% | $4,125-26.3% |
| Admin fee / account holder | $3,802 | $6,790-44.0% | $10,614-64.2% | $5,651-32.7% |