Filed August 19, 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 8-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 | $45,901 | $105,181-56.4% | $159,436-71.2% | $85,850-46.5% |
| Participation rate | 87.3% | 75.8%+11.5pp | 82.8%+4.5pp | 69.3%+18.0pp |
| Annual return | 28.65% | 45.07%-16.4pp | 263.57%-234.9pp | 318.53%-289.9pp |
| Employer contribution / active EE | $2,695 | $3,318-18.8% | $4,829-44.2% | $2,565+5.0% |
| Participant deferral / active EE | $7,289 | $5,945+22.6% | $7,352-0.9% | $3,952+84.5% |
| Admin fee / account holder | $3,910 | $6,933-43.6% | $10,799-63.8% | $6,260-37.5% |