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 | $101,936 | $97,044+5.0% | $83,333+22.3% | $135,375-24.7% |
| Participation rate | 95.5% | 80.4%+15.0pp | 77.8%+17.7pp | 82.6%+12.8pp |
| Annual return | 1.42% | 12.31%-10.9pp | 10.63%-9.2pp | 519.73%-518.3pp |
| Employer contribution / active EE | $1,823 | $4,143-56.0% | $3,379-46.0% | $4,779-61.8% |
| Participant deferral / active EE | $5,208 | $5,964-12.7% | $5,565-6.4% | $5,609-7.2% |
| Admin fee / account holder | $731 | $8,380-91.3% | $7,510-90.3% | $10,827-93.3% |