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 | $85,601 | $150,187-43.0% | $120,354-28.9% | $145,922-41.3% |
| Participation rate | 93.3% | 78.8%+14.6pp | 71.9%+21.4pp | 80.3%+13.1pp |
| Annual return | 14.49% | 154.07%-139.6pp | 107.15%-92.7pp | 561.29%-546.8pp |
| Employer contribution / active EE | $10,484 | $4,348+141.1% | $3,463+202.8% | $4,660+125.0% |
| Participant deferral / active EE | $12,838 | $6,173+108.0% | $4,991+157.2% | $6,688+92.0% |
| Admin fee / account holder | $15,307 | $12,207+25.4% | $9,423+62.4% | $13,397+14.3% |