Filed March 23, 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 10-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 | $57,729 | $110,094-47.6% | $151,611-61.9% | $68,494-15.7% |
| Participation rate | 92.6% | 84.0%+8.6pp | 87.5%+5.1pp | 67.9%+24.7pp |
| Annual return | -16.71% | -10.12%-6.6pp | 3.33%-20.0pp | -7.84%-8.9pp |
| Employer contribution / active EE | $1,643 | $4,471-63.3% | $6,166-73.4% | $2,596-36.7% |
| Participant deferral / active EE | $4,187 | $6,527-35.9% | $8,363-49.9% | $4,027+4.0% |
| Admin fee / account holder | $3,838 | $7,719-50.3% | $11,616-67.0% | $5,403-29.0% |