Filed August 25, 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 | $23,319 | $63,346-63.2% | $92,233-74.7% | $70,131-66.7% |
| Participation rate | 88.6% | 68.7%+20.0pp | 76.5%+12.2pp | 69.5%+19.1pp |
| Annual return | 23.41% | 530.12%-506.7pp | 176.28%-152.9pp | 73.14%-49.7pp |
| Employer contribution / active EE | $1,951 | $2,471-21.0% | $3,679-47.0% | $2,342-16.7% |
| Participant deferral / active EE | $2,841 | $2,854-0.4% | $3,897-27.1% | $3,332-14.7% |
| Admin fee / account holder | $1,336 | $3,840-65.2% | $5,194-74.3% | $4,645-71.2% |