Filed July 9, 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 5-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 | $13,440 | $74,888-82.1% | $71,209-81.1% | $142,382-90.6% |
| Participation rate | 75.0% | 76.2%-1.2pp | 73.8%+1.2pp | 80.1%-5.1pp |
| Annual return | 13.15% | 345.14%-332.0pp | 282.51%-269.4pp | 217.08%-203.9pp |
| Employer contribution / active EE | $715 | $2,854-75.0% | $2,721-73.7% | $4,299-83.4% |
| Participant deferral / active EE | $2,860 | $4,454-35.8% | $4,175-31.5% | $6,507-56.1% |
| Admin fee / account holder | $1,801 | $5,568-67.7% | $5,349-66.3% | $12,624-85.7% |