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 | $61,877 | $79,449-22.1% | $189,557-67.4% | $85,850-27.9% |
| Participation rate | 100.0% | 66.0%+34.0pp | 78.4%+21.6pp | 69.3%+30.7pp |
| Annual return | 15.90% | 18.45%-2.6pp | 64.17%-48.3pp | 318.53%-302.6pp |
| Employer contribution / active EE | $3,592 | $2,081+72.6% | $4,412-18.6% | $2,565+40.0% |
| Participant deferral / active EE | $6,267 | $4,051+54.7% | $6,174+1.5% | $3,952+58.6% |
| Admin fee / account holder | $3,012 | $5,377-44.0% | $9,807-69.3% | $6,260-51.9% |