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 | $66,818 | $102,317-34.7% | $146,958-54.5% | $80,856-17.4% |
| Participation rate | 77.4% | 75.8%+1.5pp | 82.2%-4.8pp | 67.6%+9.7pp |
| Annual return | 15.76% | 134.76%-119.0pp | 418.34%-402.6pp | 35.59%-19.8pp |
| Employer contribution / active EE | $2,729 | $3,713-26.5% | $4,933-44.7% | $2,755-0.9% |
| Participant deferral / active EE | $6,419 | $6,644-3.4% | $8,070-20.5% | $4,296+49.4% |
| Admin fee / account holder | $1,587 | $7,941-80.0% | $12,998-87.8% | $6,918-77.1% |