Filed January 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 9-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 | $51,191 | $57,354-10.7% | $83,848-38.9% | $64,186-20.2% |
| Participation rate | 91.7% | 68.6%+23.1pp | 76.1%+15.5pp | 69.6%+22.1pp |
| Annual return | -4.25% | 11.38%-15.6pp | 850.88%-855.1pp | 7.63%-11.9pp |
| Employer contribution / active EE | $3,142 | $2,545+23.5% | $3,631-13.5% | $2,381+32.0% |
| Participant deferral / active EE | $7,057 | $2,993+135.8% | $4,082+72.9% | $3,470+103.4% |
| Admin fee / account holder | $4,427 | $4,046+9.4% | $5,478-19.2% | $4,888-9.4% |