Filed March 11, 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 | $97,491 | $123,793-21.2% | $177,821-45.2% | $79,858+22.1% |
| Participation rate | 96.2% | 84.7%+11.6pp | 87.7%+8.5pp | 69.6%+26.6pp |
| Annual return | 94.45% | 22.82%+71.6pp | 48.32%+46.1pp | 31.71%+62.7pp |
| Employer contribution / active EE | $6,426 | $4,095+56.9% | $5,918+8.6% | $2,471+160.1% |
| Participant deferral / active EE | $0 | $5,956-100.0% | $7,714-100.0% | $3,740-100.0% |
| Admin fee / account holder | $864 | $7,243-88.1% | $12,427-93.0% | $5,306-83.7% |