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 | $95,662 | $115,882-17.4% | $100,516-4.8% | $158,922-39.8% |
| Participation rate | 87.0% | 81.6%+5.4pp | 79.4%+7.6pp | 82.0%+5.0pp |
| Annual return | 14.98% | 34.79%-19.8pp | 30.89%-15.9pp | 302.83%-287.8pp |
| Employer contribution / active EE | $1,616 | $4,103-60.6% | $3,418-52.7% | $4,761-66.1% |
| Participant deferral / active EE | $4,582 | $6,674-31.4% | $6,270-26.9% | $5,982-23.4% |
| Admin fee / account holder | $32,596 | $10,995+196.4% | $8,081+303.4% | $11,246+189.9% |