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 | $58,208-53.5% | $81,812-66.9% | $80,856-66.5% |
| Participation rate | 91.8% | 63.4%+28.4pp | 72.3%+19.5pp | 67.6%+24.2pp |
| Annual return | 19.13% | 41.66%-22.5pp | 773.79%-754.7pp | 35.59%-16.5pp |
| Employer contribution / active EE | $1,662 | $2,340-29.0% | $2,912-42.9% | $2,755-39.7% |
| Participant deferral / active EE | $3,094 | $3,281-5.7% | $4,319-28.4% | $4,296-28.0% |
| Admin fee / account holder | $3,635 | $4,981-27.0% | $7,386-50.8% | $6,918-47.5% |