Filed October 22, 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 | $48,149 | $67,606-28.8% | $82,313-41.5% | $70,131-31.3% |
| Participation rate | 80.8% | 72.8%+8.0pp | 76.9%+3.9pp | 69.5%+11.2pp |
| Annual return | 18.05% | 21.57%-3.5pp | 25.88%-7.8pp | 73.14%-55.1pp |
| Employer contribution / active EE | $6,119 | $1,755+248.7% | $2,428+152.0% | $2,342+161.2% |
| Participant deferral / active EE | $9,090 | $2,987+204.3% | $3,706+145.3% | $3,332+172.8% |
| Admin fee / account holder | $1,968 | $4,512-56.4% | $5,608-64.9% | $4,645-57.6% |