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 | $55,646 | $148,978-62.6% | $200,582-72.3% | $84,808-34.4% |
| Participation rate | 71.1% | 84.2%-13.1pp | 86.9%-15.8pp | 68.3%+2.8pp |
| Annual return | 18.99% | 28.16%-9.2pp | 42.33%-23.3pp | 40.90%-21.9pp |
| Employer contribution / active EE | $2,606 | $4,815-45.9% | $6,419-59.4% | $2,631-1.0% |
| Participant deferral / active EE | $5,319 | $7,142-25.5% | $9,331-43.0% | $4,212+26.3% |
| Admin fee / account holder | $6,752 | $13,977-51.7% | $16,305-58.6% | $7,344-8.1% |