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 | $65,561 | $133,958-51.1% | $112,228-41.6% | $134,475-51.2% |
| Participation rate | 83.3% | 78.6%+4.8pp | 75.1%+8.3pp | 81.2%+2.1pp |
| Annual return | -16.41% | 47.11%-63.5pp | 27.45%-43.9pp | 417.96%-434.4pp |
| Employer contribution / active EE | $8,938 | $4,038+121.3% | $3,635+145.9% | $4,740+88.6% |
| Participant deferral / active EE | $6,280 | $5,291+18.7% | $4,728+32.8% | $6,400-1.9% |
| Admin fee / account holder | $3,764 | $7,489-49.7% | $6,410-41.3% | $11,426-67.1% |