Filed January 21, 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 | $174,063 | $94,031+85.1% | $115,768+50.4% | $82,448+111.1% |
| Participation rate | 95.5% | 70.4%+25.0pp | 74.4%+21.1pp | 68.1%+27.4pp |
| Annual return | 37.95% | 20.61%+17.3pp | 100.46%-62.5pp | 41.64%-3.7pp |
| Employer contribution / active EE | $940 | $2,323-59.6% | $2,940-68.0% | $2,551-63.2% |
| Participant deferral / active EE | $7,056 | $3,972+77.7% | $4,917+43.5% | $4,139+70.5% |
| Admin fee / account holder | $2,925 | $10,249-71.5% | $12,439-76.5% | $7,234-59.6% |