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 | $105,461 | $81,460+29.5% | $103,333+2.1% | $80,856+30.4% |
| Participation rate | 90.4% | 66.8%+23.5pp | 74.5%+15.9pp | 67.6%+22.7pp |
| Annual return | 10.57% | 25.55%-15.0pp | 24.88%-14.3pp | 35.59%-25.0pp |
| Employer contribution / active EE | $1,725 | $3,105-44.5% | $3,868-55.4% | $2,755-37.4% |
| Participant deferral / active EE | $5,888 | $3,869+52.2% | $5,057+16.4% | $4,296+37.1% |
| Admin fee / account holder | $13,125 | $6,566+99.9% | $8,355+57.1% | $6,918+89.7% |