Filed February 13, 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 5-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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,573 | $48,076-11.4% | $78,689-45.9% | $62,891-32.3% |
| Participation rate | 100.0% | 65.2%+34.8pp | 73.6%+26.4pp | 69.3%+30.7pp |
| Annual return | -0.55% | 31.35%-31.9pp | 62.18%-62.7pp | 20.14%-20.7pp |
| Employer contribution / active EE | $4,017 | $2,015+99.4% | $2,851+40.9% | $2,281+76.1% |
| Participant deferral / active EE | $7,931 | $2,588+206.5% | $3,517+125.5% | $3,203+147.6% |
| Admin fee / account holder | $2,085 | $3,207-35.0% | $4,510-53.8% | $4,296-51.5% |