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 | $117,619 | $73,933+59.1% | $96,683+21.7% | $75,163+56.5% |
| Participation rate | 89.5% | 66.4%+23.1pp | 74.3%+15.1pp | 67.2%+22.3pp |
| Annual return | 19.15% | 26.70%-7.6pp | 35.69%-16.5pp | 160.62%-141.5pp |
| Employer contribution / active EE | $4,718 | $2,928+61.1% | $3,737+26.2% | $2,670+76.7% |
| Participant deferral / active EE | $11,438 | $3,659+212.6% | $4,878+134.5% | $4,125+177.3% |
| Admin fee / account holder | $3,527 | $5,216-32.4% | $6,730-47.6% | $5,651-37.6% |