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 | $32,605 | $125,758-74.1% | $169,993-80.8% | $75,163-56.6% |
| Participation rate | 76.0% | 83.6%-7.6pp | 87.0%-11.0pp | 67.2%+8.8pp |
| Annual return | 15.71% | 27.20%-11.5pp | 53.37%-37.7pp | 160.62%-144.9pp |
| Employer contribution / active EE | $2,217 | $4,615-52.0% | $6,785-67.3% | $2,670-17.0% |
| Participant deferral / active EE | $4,285 | $6,837-37.3% | $10,408-58.8% | $4,125+3.9% |
| Admin fee / account holder | $2,350 | $8,173-71.3% | $12,815-81.7% | $5,651-58.4% |