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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,372 | $53,127+0.5% | $86,590-38.4% | $70,131-23.9% |
| Participation rate | 97.9% | 65.3%+32.6pp | 73.5%+24.3pp | 69.5%+28.3pp |
| Annual return | 15.75% | 27.66%-11.9pp | 964.84%-949.1pp | 73.14%-57.4pp |
| Employer contribution / active EE | $3,444 | $2,068+66.5% | $2,839+21.3% | $2,342+47.0% |
| Participant deferral / active EE | $6,029 | $2,696+123.7% | $3,609+67.1% | $3,332+81.0% |
| Admin fee / account holder | $966 | $3,585-73.1% | $4,906-80.3% | $4,645-79.2% |