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 | $109,393 | $109,4130% | $156,263-30.0% | $84,808+29.0% |
| Participation rate | 96.3% | 72.7%+23.6pp | 78.9%+17.4pp | 68.3%+28.0pp |
| Annual return | 15.78% | 20.18%-4.4pp | 59.47%-43.7pp | 40.90%-25.1pp |
| Employer contribution / active EE | $2,982 | $2,907+2.6% | $4,333-31.2% | $2,631+13.4% |
| Participant deferral / active EE | $9,414 | $4,590+105.1% | $6,158+52.9% | $4,212+123.5% |
| Admin fee / account holder | $4,678 | $9,357-50.0% | $14,255-67.2% | $7,344-36.3% |