Filed June 8, 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 9-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 | $23,941 | $63,346-62.2% | $92,233-74.0% | $70,131-65.9% |
| Participation rate | 83.9% | 68.7%+15.2pp | 76.5%+7.4pp | 69.5%+14.3pp |
| Annual return | 40.24% | 530.12%-489.9pp | 176.28%-136.0pp | 73.14%-32.9pp |
| Employer contribution / active EE | $3,434 | $2,471+39.0% | $3,679-6.7% | $2,342+46.6% |
| Participant deferral / active EE | $1,298 | $2,854-54.5% | $3,897-66.7% | $3,332-61.1% |
| Admin fee / account holder | $609 | $3,840-84.1% | $5,194-88.3% | $4,645-86.9% |