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 | $101,761 | $110,094-7.6% | $151,611-32.9% | $68,494+48.6% |
| Participation rate | 96.5% | 84.0%+12.5pp | 87.5%+9.0pp | 67.9%+28.6pp |
| Annual return | -3.41% | -10.12%+6.7pp | 3.33%-6.7pp | -7.84%+4.4pp |
| Employer contribution / active EE | $7,259 | $4,471+62.4% | $6,166+17.7% | $2,596+179.6% |
| Participant deferral / active EE | $0 | $6,527-100.0% | $8,363-100.0% | $4,027-100.0% |
| Admin fee / account holder | $3,559 | $7,719-53.9% | $11,616-69.4% | $5,403-34.1% |