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 | $56,340 | $70,669-20.3% | $169,368-66.7% | $75,163-25.0% |
| Participation rate | 100.0% | 64.8%+35.2pp | 77.1%+22.9pp | 67.2%+32.8pp |
| Annual return | 17.72% | 36.36%-18.6pp | 405.60%-387.9pp | 160.62%-142.9pp |
| Employer contribution / active EE | $4,009 | $2,211+81.3% | $4,013-0.1% | $2,670+50.2% |
| Participant deferral / active EE | $6,123 | $4,311+42.0% | $6,221-1.6% | $4,125+48.4% |
| Admin fee / account holder | $7,631 | $5,402+41.3% | $9,003-15.2% | $5,651+35.0% |