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 | $160,096 | $135,952+17.8% | $123,892+29.2% | $273,961-41.6% |
| Participation rate | 80.0% | 84.1%-4.1pp | 81.4%-1.4pp | 83.0%-3.0pp |
| Annual return | 4.29% | 56.63%-52.3pp | 47.52%-43.2pp | 41.45%-37.2pp |
| Employer contribution / active EE | $5,588 | $5,170+8.1% | $4,617+21.0% | $4,869+14.8% |
| Participant deferral / active EE | $12,377 | $6,343+95.1% | $5,984+106.8% | $5,287+134.1% |
| Admin fee / account holder | $50,686 | $9,817+416.3% | $8,357+506.5% | $10,132+400.3% |