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 | $65,068 | $54,762+18.8% | $90,281-27.9% | $72,985-10.8% |
| Participation rate | 100.0% | 65.1%+34.9pp | 73.3%+26.7pp | 69.5%+30.5pp |
| Annual return | 5.86% | 30.63%-24.8pp | 78.10%-72.2pp | 81.00%-75.1pp |
| Employer contribution / active EE | $9,103 | $2,092+335.0% | $2,854+218.9% | $2,440+273.1% |
| Participant deferral / active EE | $9,712 | $2,887+236.4% | $3,885+150.0% | $3,607+169.2% |
| Admin fee / account holder | $2,828 | $3,972-28.8% | $5,351-47.1% | $5,124-44.8% |