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 | $174,358 | $177,572-1.8% | $154,803+12.6% | $142,382+22.5% |
| Participation rate | 95.0% | 82.1%+12.9pp | 78.1%+16.9pp | 80.1%+14.9pp |
| Annual return | 15.09% | 65.07%-50.0pp | 58.88%-43.8pp | 217.08%-202.0pp |
| Employer contribution / active EE | $6,798 | $4,810+41.3% | $4,305+57.9% | $4,299+58.1% |
| Participant deferral / active EE | $5,563 | $6,272-11.3% | $5,540+0.4% | $6,507-14.5% |
| Admin fee / account holder | $3,056 | $16,786-81.8% | $14,329-78.7% | $12,624-75.8% |