Filed June 1, 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 8-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 | $92,080 | $105,181-12.5% | $159,436-42.2% | $85,850+7.3% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.8%+17.2pp | 69.3%+30.7pp |
| Annual return | 16.51% | 45.07%-28.6pp | 263.57%-247.1pp | 318.53%-302.0pp |
| Employer contribution / active EE | $3,454 | $3,318+4.1% | $4,829-28.5% | $2,565+34.7% |
| Participant deferral / active EE | $4,658 | $5,945-21.6% | $7,352-36.6% | $3,952+17.9% |
| Admin fee / account holder | $4,627 | $6,933-33.3% | $10,799-57.2% | $6,260-26.1% |