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 | $110,381 | $197,591-44.1% | $177,821-37.9% | $158,922-30.5% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.7%+12.3pp | 82.0%+18.0pp |
| Annual return | 15.12% | 58.76%-43.6pp | 48.32%-33.2pp | 302.83%-287.7pp |
| Employer contribution / active EE | $8,260 | $6,697+23.3% | $5,918+39.6% | $4,761+73.5% |
| Participant deferral / active EE | $6,568 | $8,405-21.9% | $7,714-14.9% | $5,982+9.8% |
| Admin fee / account holder | $4,560 | $15,399-70.4% | $12,427-63.3% | $11,246-59.5% |