Filed March 10, 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 | $227,886 | $90,503+151.8% | $78,689+189.6% | $273,961-16.8% |
| Participation rate | 75.0% | 76.5%-1.5pp | 73.6%+1.4pp | 83.0%-8.0pp |
| Annual return | 8.47% | 75.60%-67.1pp | 62.18%-53.7pp | 41.45%-33.0pp |
| Employer contribution / active EE | $4,308 | $3,176+35.7% | $2,851+51.1% | $4,869-11.5% |
| Participant deferral / active EE | $7,203 | $3,901+84.6% | $3,517+104.8% | $5,287+36.2% |
| Admin fee / account holder | $23,924 | $5,263+354.5% | $4,510+430.4% | $10,132+136.1% |