Filed April 28, 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 | $193,791 | $87,841+120.6% | $133,980+44.6% | $62,891+208.1% |
| Participation rate | 100.0% | 83.4%+16.6pp | 87.1%+12.9pp | 69.3%+30.7pp |
| Annual return | 8.73% | 12.05%-3.3pp | 29.30%-20.6pp | 20.14%-11.4pp |
| Employer contribution / active EE | $11,822 | $3,483+239.4% | $5,211+126.8% | $2,281+418.3% |
| Participant deferral / active EE | $16,150 | $4,812+235.6% | $6,282+157.1% | $3,203+404.2% |
| Admin fee / account holder | $5,085 | $5,371-5.3% | $9,324-45.5% | $4,296+18.4% |