Filed January 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 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 | $205,418 | $127,386+61.3% | $115,037+78.6% | $125,391+63.8% |
| Participation rate | 72.7% | 84.2%-11.4pp | 81.4%-8.6pp | 83.2%-10.5pp |
| Annual return | 5.74% | 31.28%-25.5pp | 26.14%-20.4pp | 282.22%-276.5pp |
| Employer contribution / active EE | $5,024 | $5,166-2.7% | $4,608+9.0% | $4,866+3.3% |
| Participant deferral / active EE | $11,140 | $6,423+73.4% | $6,026+84.8% | $5,352+108.2% |
| Admin fee / account holder | $15,259 | $9,516+60.4% | $8,175+86.7% | $9,540+59.9% |