Filed July 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 6-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 | $17,729 | $54,762-67.6% | $90,281-80.4% | $72,985-75.7% |
| Participation rate | 89.7% | 65.1%+24.6pp | 73.3%+16.5pp | 69.5%+20.3pp |
| Annual return | 28.53% | 30.63%-2.1pp | 78.10%-49.6pp | 81.00%-52.5pp |
| Employer contribution / active EE | $5,736 | $2,092+174.1% | $2,854+100.9% | $2,440+135.1% |
| Participant deferral / active EE | $4,201 | $2,887+45.5% | $3,885+8.1% | $3,607+16.5% |
| Admin fee / account holder | $1,335 | $3,972-66.4% | $5,351-75.1% | $5,124-74.0% |