Filed November 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 | $216,768 | $146,267+48.2% | $197,124+10.0% | $82,448+162.9% |
| Participation rate | 83.3% | 84.0%-0.7pp | 86.7%-3.4pp | 68.1%+15.3pp |
| Annual return | 17.29% | 29.61%-12.3pp | 44.34%-27.1pp | 41.64%-24.3pp |
| Employer contribution / active EE | $2,355 | $4,723-50.1% | $6,227-62.2% | $2,551-7.7% |
| Participant deferral / active EE | $13,107 | $7,035+86.3% | $9,135+43.5% | $4,139+216.7% |
| Admin fee / account holder | $3,751 | $14,422-74.0% | $16,298-77.0% | $7,234-48.1% |