Filed June 1, 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 | $174,712 | $91,552+90.8% | $133,956+30.4% | $79,858+118.8% |
| Participation rate | 70.4% | 73.3%-3.0pp | 79.8%-9.5pp | 69.6%+0.7pp |
| Annual return | 19.84% | 61.85%-42.0pp | 45.09%-25.3pp | 31.71%-11.9pp |
| Employer contribution / active EE | $3,032 | $2,384+27.2% | $3,919-22.6% | $2,471+22.7% |
| Participant deferral / active EE | $6,283 | $3,733+68.3% | $5,048+24.5% | $3,740+68.0% |
| Admin fee / account holder | $754 | $6,321-88.1% | $8,927-91.6% | $5,306-85.8% |