Filed February 8, 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 | $98,430 | $105,859-7.0% | $90,160+9.2% | $147,584-33.3% |
| Participation rate | 90.9% | 79.7%+11.2pp | 76.9%+14.0pp | 82.8%+8.1pp |
| Annual return | 17.37% | 37.63%-20.3pp | 34.88%-17.5pp | 578.55%-561.2pp |
| Employer contribution / active EE | $1,565 | $4,126-62.1% | $3,318-52.8% | $4,876-67.9% |
| Participant deferral / active EE | $4,467 | $5,733-22.1% | $5,288-15.5% | $5,439-17.9% |
| Admin fee / account holder | $2,722 | $8,046-66.2% | $5,943-54.2% | $10,885-75.0% |