Filed June 11, 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 | $195,881 | $89,753+118.2% | $107,525+82.2% | $84,808+131.0% |
| Participation rate | 97.7% | 68.1%+29.7pp | 75.1%+22.7pp | 68.3%+29.4pp |
| Annual return | 18.12% | 29.48%-11.4pp | 181.32%-163.2pp | 40.90%-22.8pp |
| Employer contribution / active EE | $5,380 | $3,113+72.8% | $3,754+43.3% | $2,631+104.5% |
| Participant deferral / active EE | $12,825 | $4,056+216.2% | $5,116+150.7% | $4,212+204.5% |
| Admin fee / account holder | $3,119 | $7,222-56.8% | $8,919-65.0% | $7,344-57.5% |