Filed March 9, 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 | $93,381 | $85,202+9.6% | $172,739-45.9% | $72,985+27.9% |
| Participation rate | 100.0% | 70.1%+29.9pp | 82.6%+17.4pp | 69.5%+30.5pp |
| Annual return | 22.31% | 27.32%-5.0pp | 802.84%-780.5pp | 81.00%-58.7pp |
| Employer contribution / active EE | $3,696 | $3,324+11.2% | $5,143-28.1% | $2,440+51.5% |
| Participant deferral / active EE | $7,700 | $3,260+136.2% | $5,198+48.2% | $3,607+113.5% |
| Admin fee / account holder | $2,956 | $5,884-49.8% | $13,954-78.8% | $5,124-42.3% |