Filed April 30, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $109,727 | $108,825+0.8% | $156,181-29.7% | $82,448+33.1% |
| Participation rate | 97.0% | 72.4%+24.6pp | 78.8%+18.1pp | 68.1%+28.9pp |
| Annual return | 12.63% | 20.59%-8.0pp | 64.87%-52.2pp | 41.64%-29.0pp |
| Employer contribution / active EE | $0 | $2,870-100.0% | $4,294-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $1,951 | $4,577-57.4% | $6,132-68.2% | $4,139-52.9% |
| Admin fee / account holder | $3,610 | $9,341-61.4% | $14,586-75.3% | $7,234-50.1% |