Filed May 3, 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 | $113,381 | $146,267-22.5% | $197,124-42.5% | $82,448+37.5% |
| Participation rate | 96.3% | 84.0%+12.3pp | 86.7%+9.6pp | 68.1%+28.2pp |
| Annual return | 18.53% | 29.61%-11.1pp | 44.34%-25.8pp | 41.64%-23.1pp |
| Employer contribution / active EE | $6,642 | $4,723+40.6% | $6,227+6.7% | $2,551+160.4% |
| Participant deferral / active EE | $6,846 | $7,035-2.7% | $9,135-25.1% | $4,139+65.4% |
| Admin fee / account holder | $624 | $14,422-95.7% | $16,298-96.2% | $7,234-91.4% |