Filed November 3, 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 | $32,469 | $82,286-60.5% | $68,791-52.8% | $134,475-75.9% |
| Participation rate | 100.0% | 75.1%+24.9pp | 69.0%+31.0pp | 81.2%+18.8pp |
| Annual return | -20.09% | -2.19%-17.9pp | -6.38%-13.7pp | 417.96%-438.1pp |
| Employer contribution / active EE | $1,281 | $3,301-61.2% | $2,655-51.7% | $4,740-73.0% |
| Participant deferral / active EE | $3,135 | $4,739-33.8% | $3,941-20.4% | $6,400-51.0% |
| Admin fee / account holder | $1,238 | $6,481-80.9% | $4,932-74.9% | $11,426-89.2% |