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 | $74,690 | $65,365+14.3% | $92,893-19.6% | $72,985+2.3% |
| Participation rate | 84.6% | 68.3%+16.3pp | 76.0%+8.6pp | 69.5%+15.1pp |
| Annual return | 23.86% | 42.10%-18.2pp | 109.41%-85.6pp | 81.00%-57.1pp |
| Employer contribution / active EE | $3,395 | $2,594+30.9% | $3,653-7.1% | $2,440+39.1% |
| Participant deferral / active EE | $6,964 | $3,128+122.6% | $4,236+64.4% | $3,607+93.1% |
| Admin fee / account holder | $2,889 | $4,251-32.0% | $5,794-50.1% | $5,124-43.6% |