Filed January 27, 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 7-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 | $63,398 | $91,552-30.8% | $133,956-52.7% | $79,858-20.6% |
| Participation rate | 100.0% | 73.3%+26.7pp | 79.8%+20.2pp | 69.6%+30.4pp |
| Annual return | 16.56% | 61.85%-45.3pp | 45.09%-28.5pp | 31.71%-15.2pp |
| Employer contribution / active EE | $3,854 | $2,384+61.7% | $3,919-1.6% | $2,471+56.0% |
| Participant deferral / active EE | $8,510 | $3,733+127.9% | $5,048+68.6% | $3,740+127.5% |
| Admin fee / account holder | $1,248 | $6,321-80.3% | $8,927-86.0% | $5,306-76.5% |