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 | $79,698 | $58,828+35.5% | $77,999+2.2% | $62,891+26.7% |
| Participation rate | 92.7% | 71.1%+21.7pp | 75.5%+17.2pp | 69.3%+23.4pp |
| Annual return | 9.28% | 17.16%-7.9pp | 425.96%-416.7pp | 20.14%-10.9pp |
| Employer contribution / active EE | $681 | $1,672-59.3% | $2,470-72.4% | $2,281-70.1% |
| Participant deferral / active EE | $6,670 | $2,686+148.4% | $3,497+90.8% | $3,203+108.3% |
| Admin fee / account holder | $753 | $4,393-82.9% | $5,480-86.3% | $4,296-82.5% |