Filed May 6, 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 5-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 | $31,454 | $80,717-61.0% | $154,803-79.7% | $84,808-62.9% |
| Participation rate | 88.9% | 66.8%+22.1pp | 78.1%+10.8pp | 68.3%+20.6pp |
| Annual return | 15.43% | 37.96%-22.5pp | 58.88%-43.4pp | 40.90%-25.5pp |
| Employer contribution / active EE | $1,105 | $2,761-60.0% | $4,305-74.3% | $2,631-58.0% |
| Participant deferral / active EE | $1,847 | $3,303-44.1% | $5,540-66.7% | $4,212-56.1% |
| Admin fee / account holder | $5,089 | $6,746-24.6% | $14,329-64.5% | $7,344-30.7% |