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 | $58,175 | $78,422-25.8% | $95,952-39.4% | $79,858-27.2% |
| Participation rate | 78.1% | 73.5%+4.6pp | 77.1%+1.1pp | 69.6%+8.5pp |
| Annual return | 16.66% | 19.37%-2.7pp | 91.61%-75.0pp | 31.71%-15.1pp |
| Employer contribution / active EE | $1,892 | $1,945-2.7% | $2,541-25.6% | $2,471-23.4% |
| Participant deferral / active EE | $4,313 | $3,440+25.4% | $4,167+3.5% | $3,740+15.3% |
| Admin fee / account holder | $883 | $5,622-84.3% | $6,795-87.0% | $5,306-83.4% |