Filed May 27, 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 | $69,789 | $82,032-14.9% | $123,104-43.3% | $59,632+17.0% |
| Participation rate | 78.6% | 83.2%-4.6pp | 86.8%-8.2pp | 68.7%+9.9pp |
| Annual return | 0.96% | 5.12%-4.2pp | 13.22%-12.3pp | 2041.28%-2040.3pp |
| Employer contribution / active EE | $2,856 | $3,297-13.4% | $5,151-44.6% | $2,203+29.7% |
| Participant deferral / active EE | $3,505 | $4,667-24.9% | $6,230-43.7% | $3,192+9.8% |
| Admin fee / account holder | $4,309 | $5,881-26.7% | $9,015-52.2% | $4,297+0.3% |