Filed October 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 | $130,247 | $101,724+28.0% | $164,813-21.0% | $80,856+61.1% |
| Participation rate | 100.0% | 71.8%+28.2pp | 78.6%+21.4pp | 67.6%+32.4pp |
| Annual return | 15.36% | 16.72%-1.4pp | 69.93%-54.6pp | 35.59%-20.2pp |
| Employer contribution / active EE | $2,761 | $2,953-6.5% | $4,341-36.4% | $2,755+0.2% |
| Participant deferral / active EE | $4,569 | $4,477+2.0% | $6,031-24.2% | $4,296+6.4% |
| Admin fee / account holder | $3,201 | $8,227-61.1% | $12,690-74.8% | $6,918-53.7% |