Filed September 10, 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 | $136,268 | $125,758+8.4% | $169,993-19.8% | $75,163+81.3% |
| Participation rate | 78.4% | 83.6%-5.2pp | 87.0%-8.6pp | 67.2%+11.2pp |
| Annual return | 17.04% | 27.20%-10.2pp | 53.37%-36.3pp | 160.62%-143.6pp |
| Employer contribution / active EE | $0 | $4,615-100.0% | $6,785-100.0% | $2,670-100.0% |
| Participant deferral / active EE | $6,932 | $6,837+1.4% | $10,408-33.4% | $4,125+68.0% |
| Admin fee / account holder | $19,235 | $8,173+135.3% | $12,815+50.1% | $5,651+240.4% |