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 | $82,633 | $167,484-50.7% | $151,611-45.5% | $134,475-38.6% |
| Participation rate | 95.5% | 88.4%+7.1pp | 87.5%+8.0pp | 81.2%+14.2pp |
| Annual return | -11.59% | 7.80%-19.4pp | 3.33%-14.9pp | 417.96%-429.6pp |
| Employer contribution / active EE | $8,540 | $6,829+25.1% | $6,166+38.5% | $4,740+80.2% |
| Participant deferral / active EE | $5,625 | $8,986-37.4% | $8,363-32.7% | $6,400-12.1% |
| Admin fee / account holder | $6,765 | $13,783-50.9% | $11,616-41.8% | $11,426-40.8% |