Filed June 5, 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 | $49,708 | $40,256+23.5% | $57,343-13.3% | $59,632-16.6% |
| Participation rate | 93.1% | 69.2%+23.9pp | 75.1%+18.0pp | 68.7%+24.4pp |
| Annual return | -0.05% | 27.49%-27.5pp | 24.39%-24.4pp | 2041.28%-2041.3pp |
| Employer contribution / active EE | $3,068 | $1,922+59.6% | $2,689+14.1% | $2,203+39.3% |
| Participant deferral / active EE | $4,793 | $2,399+99.8% | $3,162+51.6% | $3,192+50.2% |
| Admin fee / account holder | $422 | $2,818-85.0% | $3,356-87.4% | $4,297-90.2% |