Filed July 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 | $83,680 | $58,208+43.8% | $81,812+2.3% | $80,856+3.5% |
| Participation rate | 73.1% | 63.4%+9.7pp | 72.3%+0.7pp | 67.6%+5.4pp |
| Annual return | 12.80% | 41.66%-28.9pp | 773.79%-761.0pp | 35.59%-22.8pp |
| Employer contribution / active EE | $2,923 | $2,340+24.9% | $2,912+0.4% | $2,755+6.1% |
| Participant deferral / active EE | $6,237 | $3,281+90.1% | $4,319+44.4% | $4,296+45.2% |
| Admin fee / account holder | $1,217 | $4,981-75.6% | $7,386-83.5% | $6,918-82.4% |