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 | $74,188 | $71,883+3.2% | $86,677-14.4% | $68,494+8.3% |
| Participation rate | 100.0% | 72.2%+27.8pp | 76.6%+23.4pp | 67.9%+32.1pp |
| Annual return | -14.20% | 3.52%-17.7pp | 35.91%-50.1pp | -7.84%-6.4pp |
| Employer contribution / active EE | $2,163 | $2,173-0.5% | $2,836-23.8% | $2,596-16.7% |
| Participant deferral / active EE | $7,245 | $3,779+91.7% | $4,656+55.6% | $4,027+79.9% |
| Admin fee / account holder | $2,378 | $6,112-61.1% | $7,493-68.3% | $5,403-56.0% |