Filed September 27, 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 | $234,945 | $105,181+123.4% | $159,436+47.4% | $85,850+173.7% |
| Participation rate | 82.1% | 75.8%+6.3pp | 82.8%-0.8pp | 69.3%+12.7pp |
| Annual return | 18.82% | 45.07%-26.2pp | 263.57%-244.7pp | 318.53%-299.7pp |
| Employer contribution / active EE | $2,987 | $3,318-10.0% | $4,829-38.2% | $2,565+16.4% |
| Participant deferral / active EE | $8,412 | $5,945+41.5% | $7,352+14.4% | $3,952+112.9% |
| Admin fee / account holder | $35,876 | $6,933+417.4% | $10,799+232.2% | $6,260+473.1% |