Filed December 22, 2020
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 6-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 | $170,913 | $82,664+106.8% | $125,339+36.4% | $68,494+149.5% |
| Participation rate | 79.6% | 75.0%+4.6pp | 82.4%-2.7pp | 67.9%+11.7pp |
| Annual return | 125.19% | -5.97%+131.2pp | 572.05%-446.9pp | -7.84%+133.0pp |
| Employer contribution / active EE | $18,871 | $3,381+458.1% | $4,814+292.0% | $2,596+626.8% |
| Participant deferral / active EE | $0 | $6,110-100.0% | $7,446-100.0% | $4,027-100.0% |
| Admin fee / account holder | $5,520 | $6,275-12.0% | $10,010-44.9% | $5,403+2.2% |