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 | $33,986 | $60,349-43.7% | $74,183-54.2% | $62,891-46.0% |
| Participation rate | 85.7% | 72.7%+13.0pp | 76.6%+9.1pp | 69.3%+16.4pp |
| Annual return | 6.18% | 21.37%-15.2pp | 17.74%-11.6pp | 20.14%-14.0pp |
| Employer contribution / active EE | $1,680 | $1,6800% | $2,370-29.1% | $2,281-26.3% |
| Participant deferral / active EE | $3,534 | $2,856+23.7% | $3,550-0.4% | $3,203+10.3% |
| Admin fee / account holder | $2,239 | $4,261-47.5% | $5,586-59.9% | $4,296-47.9% |