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 | $103,341 | $78,672+31.4% | $109,143-5.3% | $85,850+20.4% |
| Participation rate | 86.5% | 68.3%+18.2pp | 75.9%+10.6pp | 69.3%+17.2pp |
| Annual return | 12.42% | 25.09%-12.7pp | 25.75%-13.3pp | 318.53%-306.1pp |
| Employer contribution / active EE | $3,657 | $2,735+33.7% | $3,722-1.7% | $2,565+42.6% |
| Participant deferral / active EE | $7,688 | $3,467+121.7% | $4,653+65.2% | $3,952+94.5% |
| Admin fee / account holder | $8,544 | $5,469+56.2% | $6,752+26.5% | $6,260+36.5% |