Filed April 28, 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 | $77,711 | $84,808-8.4% | $87,989-11.7% | $84,808-8.4% |
| Participation rate | 100.0% | 68.3%+31.7pp | 63.6%+36.4pp | 68.3%+31.7pp |
| Annual return | 14.59% | 40.90%-26.3pp | 15.56%-1.0pp | 40.90%-26.3pp |
| Employer contribution / active EE | $2,240 | $2,631-14.9% | $3,527-36.5% | $2,631-14.9% |
| Participant deferral / active EE | $2,723 | $4,212-35.4% | $6,172-55.9% | $4,212-35.4% |
| Admin fee / account holder | $7,465 | $7,344+1.6% | $3,281+127.5% | $7,344+1.6% |