Filed April 7, 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 | $25,289 | $80,717-68.7% | $154,803-83.7% | $84,808-70.2% |
| Participation rate | 80.0% | 66.8%+13.2pp | 78.1%+1.9pp | 68.3%+11.7pp |
| Annual return | 13.23% | 37.96%-24.7pp | 58.88%-45.7pp | 40.90%-27.7pp |
| Employer contribution / active EE | $1,962 | $2,761-29.0% | $4,305-54.4% | $2,631-25.4% |
| Participant deferral / active EE | $4,366 | $3,303+32.2% | $5,540-21.2% | $4,212+3.7% |
| Admin fee / account holder | $10,753 | $6,746+59.4% | $14,329-25.0% | $7,344+46.4% |