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 | $68,170 | $74,888-9.0% | $71,209-4.3% | $142,382-52.1% |
| Participation rate | 86.4% | 76.2%+10.1pp | 73.8%+12.6pp | 80.1%+6.2pp |
| Annual return | 15.43% | 345.14%-329.7pp | 282.51%-267.1pp | 217.08%-201.6pp |
| Employer contribution / active EE | $909 | $2,854-68.2% | $2,721-66.6% | $4,299-78.9% |
| Participant deferral / active EE | $5,518 | $4,454+23.9% | $4,175+32.2% | $6,507-15.2% |
| Admin fee / account holder | $6,651 | $5,568+19.4% | $5,349+24.4% | $12,624-47.3% |