Filed June 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 | $53,793 | $72,404-25.7% | $110,238-51.2% | $64,186-16.2% |
| Participation rate | 95.6% | 73.3%+22.2pp | 79.8%+15.7pp | 69.6%+26.0pp |
| Annual return | -6.76% | -6.29%-0.5pp | 314.74%-321.5pp | 7.63%-14.4pp |
| Employer contribution / active EE | $2,176 | $2,282-4.6% | $3,826-43.1% | $2,381-8.6% |
| Participant deferral / active EE | $6,874 | $3,469+98.1% | $4,672+47.1% | $3,470+98.1% |
| Admin fee / account holder | $5,556 | $5,664-1.9% | $8,547-35.0% | $4,888+13.7% |