Filed January 15, 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.
Employer 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.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,982 | $94,529-79.9% | $140,016-86.4% | $64,186-70.4% |
| Participation rate | 80.5% | 84.1%-3.6pp | 87.5%-7.0pp | 69.6%+10.9pp |
| Annual return | -6.10% | 7.77%-13.9pp | 651.12%-657.2pp | 7.63%-13.7pp |
| Employer contribution / active EE | $655 | $3,812-82.8% | $5,606-88.3% | $2,381-72.5% |
| Participant deferral / active EE | $1,904 | $5,250-63.7% | $6,927-72.5% | $3,470-45.1% |
| Admin fee / account holder | $1,731 | $6,741-74.3% | $10,705-83.8% | $4,888-64.6% |