Filed March 26, 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 | $90,852 | $64,707+40.4% | $112,228-19.0% | $68,494+32.6% |
| Participation rate | 92.0% | 67.2%+24.8pp | 75.1%+16.9pp | 67.9%+24.1pp |
| Annual return | -15.18% | -11.40%-3.8pp | 27.45%-42.6pp | -7.84%-7.3pp |
| Employer contribution / active EE | $1,727 | $2,746-37.1% | $3,635-52.5% | $2,596-33.5% |
| Participant deferral / active EE | $5,826 | $3,565+63.4% | $4,728+23.2% | $4,027+44.7% |
| Admin fee / account holder | $5,217 | $5,232-0.3% | $6,410-18.6% | $5,403-3.4% |