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 | $86,929+12.0% | $102,423-5.0% | $80,856+20.4% |
| Participation rate | 97.1% | 72.4%+24.7pp | 76.5%+20.6pp | 67.6%+29.4pp |
| Annual return | 15.54% | 18.88%-3.3pp | 29.32%-13.8pp | 35.59%-20.0pp |
| Employer contribution / active EE | $3,191 | $2,369+34.7% | $3,023+5.5% | $2,755+15.8% |
| Participant deferral / active EE | $7,895 | $4,118+91.7% | $5,053+56.2% | $4,296+83.8% |
| Admin fee / account holder | $3,631 | $8,049-54.9% | $9,451-61.6% | $6,918-47.5% |