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 | $101,201 | $106,515-5.0% | $96,683+4.7% | $139,434-27.4% |
| Participation rate | 72.2% | 77.8%-5.6pp | 74.3%-2.1pp | 80.3%-8.1pp |
| Annual return | 11.09% | 38.43%-27.3pp | 35.69%-24.6pp | 372.94%-361.9pp |
| Employer contribution / active EE | $3,582 | $4,103-12.7% | $3,737-4.1% | $4,751-24.6% |
| Participant deferral / active EE | $9,712 | $5,454+78.1% | $4,878+99.1% | $6,710+44.7% |
| Admin fee / account holder | $7,402 | $7,877-6.0% | $6,730+10.0% | $11,403-35.1% |