Filed January 8, 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 9-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 | $85,617 | $209,411-59.1% | $178,490-52.0% | $158,922-46.1% |
| Participation rate | 100.0% | 86.3%+13.7pp | 81.9%+18.1pp | 82.0%+18.0pp |
| Annual return | 22.10% | 188.75%-166.7pp | 151.07%-129.0pp | 302.83%-280.7pp |
| Employer contribution / active EE | $4,719 | $5,706-17.3% | $5,011-5.8% | $4,761-0.9% |
| Participant deferral / active EE | $4,347 | $5,954-27.0% | $5,202-16.4% | $5,982-27.3% |
| Admin fee / account holder | $722 | $17,074-95.8% | $13,984-94.8% | $11,246-93.6% |