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 | $85,632 | $83,902+2.1% | $167,512-48.9% | $84,808+1.0% |
| Participation rate | 94.6% | 66.5%+28.1pp | 77.1%+17.5pp | 68.3%+26.3pp |
| Annual return | 19.96% | 91.55%-71.6pp | 1615.79%-1595.8pp | 40.90%-20.9pp |
| Employer contribution / active EE | $2,983 | $2,264+31.8% | $3,882-23.1% | $2,631+13.4% |
| Participant deferral / active EE | $6,964 | $4,442+56.8% | $6,405+8.7% | $4,212+65.4% |
| Admin fee / account holder | $5,793 | $7,915-26.8% | $9,769-40.7% | $7,344-21.1% |