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 | $72,467 | $53,162+36.3% | $91,220-20.6% | $68,494+5.8% |
| Participation rate | 73.0% | 63.2%+9.8pp | 73.2%-0.2pp | 67.9%+5.1pp |
| Annual return | -17.02% | -3.14%-13.9pp | 114.01%-131.0pp | -7.84%-9.2pp |
| Employer contribution / active EE | $1,918 | $1,709+12.2% | $2,850-32.7% | $2,596-26.1% |
| Participant deferral / active EE | $3,419 | $2,974+15.0% | $4,234-19.2% | $4,027-15.1% |
| Admin fee / account holder | $1,508 | $4,493-66.4% | $5,420-72.2% | $5,403-72.1% |