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 | $69,381 | $77,314-10.3% | $177,989-61.0% | $80,856-14.2% |
| Participation rate | 100.0% | 65.7%+34.3pp | 77.1%+22.9pp | 67.6%+32.4pp |
| Annual return | 12.79% | 18.09%-5.3pp | 294.48%-281.7pp | 35.59%-22.8pp |
| Employer contribution / active EE | $3,105 | $2,292+35.5% | $3,949-21.4% | $2,755+12.7% |
| Participant deferral / active EE | $6,302 | $4,411+42.9% | $6,276+0.4% | $4,296+46.7% |
| Admin fee / account holder | $4,709 | $7,191-34.5% | $10,363-54.6% | $6,918-31.9% |