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 | $70,002 | $81,900-14.5% | $119,609-41.5% | $68,494+2.2% |
| Participation rate | 96.2% | 71.9%+24.3pp | 79.3%+17.0pp | 67.9%+28.3pp |
| Annual return | -16.28% | -23.82%+7.5pp | -14.97%-1.3pp | -7.84%-8.4pp |
| Employer contribution / active EE | $2,084 | $2,693-22.6% | $4,232-50.7% | $2,596-19.7% |
| Participant deferral / active EE | $8,437 | $4,148+103.4% | $5,602+50.6% | $4,027+109.5% |
| Admin fee / account holder | $2,089 | $6,582-68.3% | $10,323-79.8% | $5,403-61.3% |