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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,476 | $124,281-50.5% | $109,143-43.7% | $167,490-63.3% |
| Participation rate | 81.0% | 79.4%+1.5pp | 75.9%+5.1pp | 82.1%-1.2pp |
| Annual return | 66.62% | 26.04%+40.6pp | 25.75%+40.9pp | 478.56%-411.9pp |
| Employer contribution / active EE | $6,580 | $4,207+56.4% | $3,722+76.8% | $4,837+36.0% |
| Participant deferral / active EE | $4,351 | $5,255-17.2% | $4,653-6.5% | $6,341-31.4% |
| Admin fee / account holder | $3,176 | $7,970-60.2% | $6,752-53.0% | $12,309-74.2% |