Filed January 5, 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 | $97,340 | $86,922+12.0% | $102,438-5.0% | $80,874+20.4% |
| Participation rate | 97.1% | 72.4%+24.7pp | 76.5%+20.6pp | 67.6%+29.4pp |
| Annual return | 15.54% | 18.90%-3.4pp | 29.37%-13.8pp | 35.62%-20.1pp |
| Employer contribution / active EE | $3,191 | $2,369+34.7% | $3,024+5.5% | $2,756+15.8% |
| Participant deferral / active EE | $7,895 | $4,119+91.7% | $5,054+56.2% | $4,297+83.7% |
| Admin fee / account holder | $3,631 | $8,050-54.9% | $9,448-61.6% | $6,935-47.6% |