Filed November 9, 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 | $139,560 | $69,977+99.4% | $108,579+28.5% | $62,891+121.9% |
| Participation rate | 100.0% | 72.9%+27.1pp | 79.6%+20.4pp | 69.3%+30.7pp |
| Annual return | 6.53% | 10.73%-4.2pp | -51.70%+58.2pp | 20.14%-13.6pp |
| Employer contribution / active EE | $7,942 | $2,135+272.0% | $3,758+111.3% | $2,281+248.2% |
| Participant deferral / active EE | $10,295 | $3,165+225.3% | $4,311+138.8% | $3,203+221.4% |
| Admin fee / account holder | $14,709 | $5,076+189.7% | $7,645+92.4% | $4,296+242.4% |