Filed October 11, 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 | $42,925 | $109,817-60.9% | $98,442-56.4% | $167,490-74.4% |
| Participation rate | 100.0% | 75.8%+24.2pp | 73.3%+26.7pp | 82.1%+17.9pp |
| Annual return | 17.43% | 1956.69%-1939.3pp | 1492.73%-1475.3pp | 478.56%-461.1pp |
| Employer contribution / active EE | $667 | $3,224-79.3% | $2,960-77.5% | $4,837-86.2% |
| Participant deferral / active EE | $6,627 | $4,673+41.8% | $4,276+55.0% | $6,341+4.5% |
| Admin fee / account holder | $1,314 | $6,753-80.5% | $5,949-77.9% | $12,309-89.3% |