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 | $74,677 | $140,940-47.0% | $112,229-33.5% | $139,434-46.4% |
| Participation rate | 100.0% | 79.2%+20.8pp | 72.4%+27.6pp | 80.3%+19.7pp |
| Annual return | 18.77% | 32.71%-13.9pp | 30.20%-11.4pp | 372.94%-354.2pp |
| Employer contribution / active EE | $7,104 | $4,283+65.9% | $3,430+107.1% | $4,751+49.5% |
| Participant deferral / active EE | $14,953 | $5,874+154.6% | $4,798+211.7% | $6,710+122.8% |
| Admin fee / account holder | $2,461 | $9,954-75.3% | $7,748-68.2% | $11,403-78.4% |