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 | $49,610 | $72,492-31.6% | $87,100-43.0% | $72,985-32.0% |
| Participation rate | 90.3% | 72.8%+17.5pp | 76.9%+13.5pp | 69.5%+20.8pp |
| Annual return | 22.80% | 24.46%-1.7pp | 28.19%-5.4pp | 81.00%-58.2pp |
| Employer contribution / active EE | $1,706 | $1,894-9.9% | $2,521-32.4% | $2,440-30.1% |
| Participant deferral / active EE | $3,447 | $3,270+5.4% | $4,049-14.9% | $3,607-4.4% |
| Admin fee / account holder | $1,834 | $5,055-63.7% | $7,497-75.5% | $5,124-64.2% |