Filed April 13, 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 | $85,622 | $201,272-57.5% | $184,203-53.5% | $145,922-41.3% |
| Participation rate | 80.0% | 87.5%-7.5pp | 86.8%-6.8pp | 80.3%-0.3pp |
| Annual return | 17.23% | 29.00%-11.8pp | 28.81%-11.6pp | 561.29%-544.1pp |
| Employer contribution / active EE | $6,199 | $7,022-11.7% | $6,427-3.6% | $4,660+33.0% |
| Participant deferral / active EE | $9,217 | $9,806-6.0% | $9,131+0.9% | $6,688+37.8% |
| Admin fee / account holder | $4,221 | $16,364-74.2% | $13,901-69.6% | $13,397-68.5% |