Filed September 24, 2021
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 | $149,441 | $183,963-18.8% | $162,163-7.8% | $152,861-2.2% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.6%+12.4pp | 82.4%+17.6pp |
| Annual return | 18.26% | 150.76%-132.5pp | 115.59%-97.3pp | 345.32%-327.1pp |
| Employer contribution / active EE | $3,606 | $6,371-43.4% | $5,614-35.8% | $4,762-24.3% |
| Participant deferral / active EE | $8,776 | $8,034+9.2% | $7,298+20.2% | $5,850+50.0% |
| Admin fee / account holder | $2,450 | $13,121-81.3% | $10,843-77.4% | $11,596-78.9% |