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 | $60,210 | $81,900-26.5% | $119,609-49.7% | $68,494-12.1% |
| Participation rate | 96.3% | 71.9%+24.4pp | 79.3%+17.0pp | 67.9%+28.4pp |
| Annual return | -17.41% | -23.82%+6.4pp | -14.97%-2.4pp | -7.84%-9.6pp |
| Employer contribution / active EE | $3,521 | $2,693+30.7% | $4,232-16.8% | $2,596+35.6% |
| Participant deferral / active EE | $7,291 | $4,148+75.8% | $5,602+30.2% | $4,027+81.0% |
| Admin fee / account holder | $3,284 | $6,582-50.1% | $10,323-68.2% | $5,403-39.2% |