Filed June 22, 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 | $47,842 | $65,395-26.8% | $182,532-73.8% | $72,985-34.4% |
| Participation rate | 100.0% | 65.4%+34.6pp | 78.0%+22.0pp | 69.5%+30.5pp |
| Annual return | 19.94% | 27.68%-7.7pp | 148.54%-128.6pp | 81.00%-61.1pp |
| Employer contribution / active EE | $3,191 | $1,911+66.9% | $4,076-21.7% | $2,440+30.8% |
| Participant deferral / active EE | $4,944 | $3,563+38.8% | $5,524-10.5% | $3,607+37.1% |
| Admin fee / account holder | $9,429 | $4,245+122.1% | $8,592+9.7% | $5,124+84.0% |