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 | $94,625+84.0% | $116,228+49.8% | $84,808+105.2% |
| Participation rate | 95.5% | 70.4%+25.0pp | 74.6%+20.9pp | 68.3%+27.1pp |
| Annual return | 37.95% | 20.40%+17.5pp | 90.06%-52.1pp | 40.90%-2.9pp |
| Employer contribution / active EE | $940 | $2,347-60.0% | $2,994-68.6% | $2,631-64.3% |
| Participant deferral / active EE | $7,056 | $3,972+77.7% | $4,953+42.5% | $4,212+67.5% |
| Admin fee / account holder | $2,925 | $10,091-71.0% | $11,989-75.6% | $7,344-60.2% |