Filed February 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 | $210,979 | $81,248+159.7% | $155,509+35.7% | $80,856+160.9% |
| Participation rate | 100.0% | 66.2%+33.8pp | 78.2%+21.8pp | 67.6%+32.4pp |
| Annual return | 12.71% | 33.31%-20.6pp | 64.67%-52.0pp | 35.59%-22.9pp |
| Employer contribution / active EE | $5,982 | $3,100+92.9% | $4,672+28.0% | $2,755+117.1% |
| Participant deferral / active EE | $5,197 | $3,452+50.6% | $5,626-7.6% | $4,296+21.0% |
| Admin fee / account holder | $3,175 | $7,997-60.3% | $15,912-80.0% | $6,918-54.1% |