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 | $69,811 | $45,073+54.9% | $69,455+0.5% | $72,985-4.3% |
| Participation rate | 83.7% | 68.5%+15.2pp | 74.6%+9.1pp | 69.5%+14.2pp |
| Annual return | 22.52% | 22.65%-0.1pp | 28.97%-6.5pp | 81.00%-58.5pp |
| Employer contribution / active EE | $3,016 | $2,054+46.8% | $2,779+8.5% | $2,440+23.6% |
| Participant deferral / active EE | $4,574 | $2,602+75.8% | $3,535+29.4% | $3,607+26.8% |
| Admin fee / account holder | $9,951 | $3,056+225.7% | $3,839+159.2% | $5,124+94.2% |