Filed February 10, 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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,349 | $115,770-60.8% | $101,248-55.2% | $158,922-71.5% |
| Participation rate | 100.0% | 79.4%+20.6pp | 75.8%+24.2pp | 82.0%+18.0pp |
| Annual return | 4.34% | 56.14%-51.8pp | 46.47%-42.1pp | 302.83%-298.5pp |
| Employer contribution / active EE | $3,353 | $4,175-19.7% | $3,660-8.4% | $4,761-29.6% |
| Participant deferral / active EE | $6,087 | $4,957+22.8% | $4,370+39.3% | $5,982+1.7% |
| Admin fee / account holder | $380,567 | $7,245+5152.8% | $5,945+6300.9% | $11,246+3284.1% |