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 | $242,924 | $185,822+30.7% | $169,993+42.9% | $139,434+74.2% |
| Participation rate | 100.0% | 87.8%+12.2pp | 87.0%+13.0pp | 80.3%+19.7pp |
| Annual return | 16.39% | 60.50%-44.1pp | 53.37%-37.0pp | 372.94%-356.6pp |
| Employer contribution / active EE | $4,612 | $7,590-39.2% | $6,785-32.0% | $4,751-2.9% |
| Participant deferral / active EE | $11,082 | $11,622-4.6% | $10,408+6.5% | $6,710+65.2% |
| Admin fee / account holder | $11,578 | $15,381-24.7% | $12,815-9.7% | $11,403+1.5% |