Filed October 20, 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 | $29,444 | $124,281-76.3% | $109,143-73.0% | $167,490-82.4% |
| Participation rate | 75.0% | 79.4%-4.4pp | 75.9%-0.9pp | 82.1%-7.1pp |
| Annual return | 16.32% | 26.04%-9.7pp | 25.75%-9.4pp | 478.56%-462.2pp |
| Employer contribution / active EE | $2,743 | $4,207-34.8% | $3,722-26.3% | $4,837-43.3% |
| Participant deferral / active EE | $5,674 | $5,255+8.0% | $4,653+21.9% | $6,341-10.5% |
| Admin fee / account holder | $425 | $7,970-94.7% | $6,752-93.7% | $12,309-96.5% |