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 | $154,199 | $198,466-22.3% | $170,442-9.5% | $147,584+4.5% |
| Participation rate | 100.0% | 88.0%+12.0pp | 83.6%+16.4pp | 82.8%+17.2pp |
| Annual return | 14.96% | 257.29%-242.3pp | 205.93%-191.0pp | 578.55%-563.6pp |
| Employer contribution / active EE | $5,866 | $6,184-5.1% | $5,433+8.0% | $4,876+20.3% |
| Participant deferral / active EE | $4,026 | $5,629-28.5% | $4,939-18.5% | $5,439-26.0% |
| Admin fee / account holder | $12,440 | $16,852-26.2% | $13,880-10.4% | $10,885+14.3% |