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.
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 | $27,511 | $110,094-75.0% | $151,611-81.9% | $68,494-59.8% |
| Participation rate | 72.3% | 84.0%-11.6pp | 87.5%-15.2pp | 67.9%+4.5pp |
| Annual return | -15.24% | -10.12%-5.1pp | 3.33%-18.6pp | -7.84%-7.4pp |
| Employer contribution / active EE | $1,611 | $4,471-64.0% | $6,166-73.9% | $2,596-37.9% |
| Participant deferral / active EE | $3,619 | $6,527-44.6% | $8,363-56.7% | $4,027-10.1% |
| Admin fee / account holder | $6,130 | $7,719-20.6% | $11,616-47.2% | $5,403+13.5% |