Filed October 28, 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 | $106,633 | $115,770-7.9% | $101,248+5.3% | $158,922-32.9% |
| Participation rate | 88.2% | 79.4%+8.9pp | 75.8%+12.4pp | 82.0%+6.3pp |
| Annual return | 16.11% | 56.14%-40.0pp | 46.47%-30.4pp | 302.83%-286.7pp |
| Employer contribution / active EE | $3,470 | $4,175-16.9% | $3,660-5.2% | $4,761-27.1% |
| Participant deferral / active EE | $9,989 | $4,957+101.5% | $4,370+128.6% | $5,982+67.0% |
| Admin fee / account holder | $762 | $7,245-89.5% | $5,945-87.2% | $11,246-93.2% |