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 | $90,321 | $93,571-3.5% | $135,903-33.5% | $75,163+20.2% |
| Participation rate | 100.0% | 75.2%+24.8pp | 81.9%+18.1pp | 67.2%+32.8pp |
| Annual return | 22.85% | 30.90%-8.1pp | 68.23%-45.4pp | 160.62%-137.8pp |
| Employer contribution / active EE | $4,558 | $3,537+28.9% | $4,856-6.1% | $2,670+70.7% |
| Participant deferral / active EE | $5,635 | $6,404-12.0% | $7,758-27.4% | $4,125+36.6% |
| Admin fee / account holder | $2,151 | $6,975-69.2% | $10,762-80.0% | $5,651-61.9% |