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 | $93,228 | $59,107+57.7% | $86,436+7.9% | $68,494+36.1% |
| Participation rate | 84.6% | 75.2%+9.4pp | 80.3%+4.3pp | 67.9%+16.7pp |
| Annual return | -9.70% | -0.23%-9.5pp | 4394.89%-4404.6pp | -7.84%-1.9pp |
| Employer contribution / active EE | $2,317 | $2,519-8.0% | $3,769-38.5% | $2,596-10.7% |
| Participant deferral / active EE | $4,136 | $5,901-29.9% | $6,952-40.5% | $4,027+2.7% |
| Admin fee / account holder | $17,058 | $5,637+202.6% | $6,731+153.4% | $5,403+215.7% |