Filed October 7, 2020 (most recent of 4 filings on file)
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 | $83,592 | $148,978-43.9% | $200,582-58.3% | $84,808-1.4% |
| Participation rate | 79.5% | 84.2%-4.7pp | 86.9%-7.4pp | 68.3%+11.2pp |
| Annual return | 13.26% | 28.16%-14.9pp | 42.33%-29.1pp | 40.90%-27.6pp |
| Employer contribution / active EE | $2,657 | $4,815-44.8% | $6,419-58.6% | $2,631+1.0% |
| Participant deferral / active EE | $5,670 | $7,142-20.6% | $9,331-39.2% | $4,212+34.6% |
| Admin fee / account holder | $3,465 | $13,977-75.2% | $16,305-78.7% | $7,344-52.8% |