Filed January 7, 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 | $121,516 | $77,813+56.2% | $123,544-1.6% | $64,186+89.3% |
| Participation rate | 90.9% | 74.7%+16.2pp | 82.3%+8.6pp | 69.6%+21.3pp |
| Annual return | -3.80% | 12.48%-16.3pp | 119.20%-123.0pp | 7.63%-11.4pp |
| Employer contribution / active EE | $4,391 | $3,014+45.7% | $4,628-5.1% | $2,381+84.4% |
| Participant deferral / active EE | $8,872 | $5,240+69.3% | $6,426+38.1% | $3,470+155.7% |
| Admin fee / account holder | $49,557 | $5,519+798.0% | $9,284+433.8% | $4,888+913.8% |