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 | $148,978+45.5% | $200,582+8.1% | $84,808+155.6% |
| Participation rate | 83.3% | 84.2%-0.9pp | 86.9%-3.6pp | 68.3%+15.0pp |
| Annual return | 17.29% | 28.16%-10.9pp | 42.33%-25.0pp | 40.90%-23.6pp |
| Employer contribution / active EE | $2,355 | $4,815-51.1% | $6,419-63.3% | $2,631-10.5% |
| Participant deferral / active EE | $13,107 | $7,142+83.5% | $9,331+40.5% | $4,212+211.2% |
| Admin fee / account holder | $3,751 | $13,977-73.2% | $16,305-77.0% | $7,344-48.9% |