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 | $70,456 | $60,124+17.2% | $90,404-22.1% | $79,858-11.8% |
| Participation rate | 100.0% | 65.0%+35.0pp | 72.7%+27.3pp | 69.6%+30.4pp |
| Annual return | 1.78% | 71.94%-70.2pp | 1293.02%-1291.2pp | 31.71%-29.9pp |
| Employer contribution / active EE | $4,040 | $2,068+95.4% | $3,262+23.8% | $2,471+63.5% |
| Participant deferral / active EE | $5,744 | $2,938+95.5% | $3,963+44.9% | $3,740+53.6% |
| Admin fee / account holder | $2,211 | $3,976-44.4% | $5,611-60.6% | $5,306-58.3% |