Filed February 17, 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 | $130,710 | $160,055-18.3% | $140,016-6.6% | $135,375-3.4% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.5%+12.5pp | 82.6%+17.4pp |
| Annual return | 6.52% | 911.38%-904.9pp | 651.12%-644.6pp | 519.73%-513.2pp |
| Employer contribution / active EE | $9,317 | $6,420+45.1% | $5,606+66.2% | $4,779+95.0% |
| Participant deferral / active EE | $6,638 | $7,642-13.1% | $6,927-4.2% | $5,609+18.4% |
| Admin fee / account holder | $6,214 | $13,328-53.4% | $10,705-42.0% | $10,827-42.6% |