Filed May 20, 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 8-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 | $22,429 | $157,256-85.7% | $141,162-84.1% | $152,861-85.3% |
| Participation rate | 85.7% | 84.8%+0.9pp | 82.5%+3.2pp | 82.4%+3.3pp |
| Annual return | 32.94% | 64.32%-31.4pp | 71.39%-38.4pp | 345.32%-312.4pp |
| Employer contribution / active EE | $1,371 | $5,261-73.9% | $4,735-71.1% | $4,762-71.2% |
| Participant deferral / active EE | $6,261 | $7,109-11.9% | $6,709-6.7% | $5,850+7.0% |
| Admin fee / account holder | $1,113 | $12,120-90.8% | $10,261-89.1% | $11,596-90.4% |