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 | $48,407 | $159,901-69.7% | $146,958-67.1% | $145,922-66.8% |
| Participation rate | 88.2% | 84.0%+4.2pp | 82.2%+6.1pp | 80.3%+8.0pp |
| Annual return | 19.23% | 98.13%-78.9pp | 418.34%-399.1pp | 561.29%-542.1pp |
| Employer contribution / active EE | $1,876 | $5,286-64.5% | $4,933-62.0% | $4,660-59.7% |
| Participant deferral / active EE | $8,443 | $8,428+0.2% | $8,070+4.6% | $6,688+26.2% |
| Admin fee / account holder | $3,118 | $15,044-79.3% | $12,998-76.0% | $13,397-76.7% |