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 | $98,988 | $159,602-38.0% | $150,045-34.0% | $142,382-30.5% |
| Participation rate | 82.4% | 84.0%-1.6pp | 82.3%0pp | 80.1%+2.2pp |
| Annual return | 15.62% | 70.24%-54.6pp | 62.55%-46.9pp | 217.08%-201.5pp |
| Employer contribution / active EE | $5,235 | $4,961+5.5% | $4,693+11.5% | $4,299+21.8% |
| Participant deferral / active EE | $11,317 | $8,310+36.2% | $7,997+41.5% | $6,507+73.9% |
| Admin fee / account holder | $12,873 | $14,846-13.3% | $13,435-4.2% | $12,624+2.0% |