Filed April 21, 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 10-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 | $51,569 | $155,788-66.9% | $124,672-58.6% | $167,490-69.2% |
| Participation rate | 94.7% | 81.1%+13.6pp | 74.6%+20.1pp | 82.1%+12.6pp |
| Annual return | 0.00% | 17.97%-18.0pp | 5142.93%-5142.9pp | 478.56%-478.6pp |
| Employer contribution / active EE | $3,099 | $4,163-25.5% | $3,324-6.7% | $4,837-35.9% |
| Participant deferral / active EE | $11,370 | $5,673+100.4% | $4,614+146.4% | $6,341+79.3% |
| Admin fee / account holder | $2,912 | $9,531-69.4% | $7,493-61.1% | $12,309-76.3% |