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 | $148,506 | $81,460+82.3% | $103,333+43.7% | $80,856+83.7% |
| Participation rate | 95.1% | 66.8%+28.3pp | 74.5%+20.6pp | 67.6%+27.5pp |
| Annual return | 13.55% | 25.55%-12.0pp | 24.88%-11.3pp | 35.59%-22.0pp |
| Employer contribution / active EE | $4,587 | $3,105+47.7% | $3,868+18.6% | $2,755+66.5% |
| Participant deferral / active EE | $11,553 | $3,869+198.6% | $5,057+128.4% | $4,296+168.9% |
| Admin fee / account holder | $2,265 | $6,566-65.5% | $8,355-72.9% | $6,918-67.3% |