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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,042 | $138,347-68.2% | $184,203-76.1% | $80,856-45.5% |
| Participation rate | 70.2% | 83.9%-13.7pp | 86.8%-16.6pp | 67.6%+2.6pp |
| Annual return | 18.66% | 20.02%-1.4pp | 28.81%-10.1pp | 35.59%-16.9pp |
| Employer contribution / active EE | $2,858 | $4,850-41.1% | $6,427-55.5% | $2,755+3.7% |
| Participant deferral / active EE | $5,690 | $7,071-19.5% | $9,131-37.7% | $4,296+32.5% |
| Admin fee / account holder | $2,741 | $10,483-73.9% | $13,901-80.3% | $6,918-60.4% |