Filed October 28, 2020 (most recent of 2 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 | $93,162 | $48,076+93.8% | $78,689+18.4% | $62,891+48.1% |
| Participation rate | 100.0% | 65.2%+34.8pp | 73.6%+26.4pp | 69.3%+30.7pp |
| Annual return | 10.30% | 31.35%-21.0pp | 62.18%-51.9pp | 20.14%-9.8pp |
| Employer contribution / active EE | $7,731 | $2,015+283.7% | $2,851+171.2% | $2,281+238.9% |
| Participant deferral / active EE | $2,403 | $2,588-7.1% | $3,517-31.7% | $3,203-25.0% |
| Admin fee / account holder | $7,947 | $3,207+147.8% | $4,510+76.2% | $4,296+85.0% |