Filed December 3, 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 7-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 | $27,067 | $58,234-53.5% | $81,783-66.9% | $80,874-66.5% |
| Participation rate | 91.8% | 63.4%+28.4pp | 72.4%+19.4pp | 67.6%+24.2pp |
| Annual return | 19.13% | 41.70%-22.6pp | 775.05%-755.9pp | 35.62%-16.5pp |
| Employer contribution / active EE | $1,662 | $2,341-29.0% | $2,913-42.9% | $2,756-39.7% |
| Participant deferral / active EE | $3,094 | $3,283-5.7% | $4,320-28.4% | $4,297-28.0% |
| Admin fee / account holder | $3,635 | $4,982-27.0% | $7,380-50.7% | $6,935-47.6% |