Filed December 10, 2020
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 | $100,107 | $81,446+22.9% | $103,374-3.2% | $80,874+23.8% |
| Participation rate | 74.1% | 66.9%+7.2pp | 74.5%-0.4pp | 67.6%+6.4pp |
| Annual return | 15.08% | 25.57%-10.5pp | 24.89%-9.8pp | 35.62%-20.5pp |
| Employer contribution / active EE | $1,790 | $3,107-42.4% | $3,869-53.7% | $2,756-35.0% |
| Participant deferral / active EE | $6,240 | $3,870+61.2% | $5,058+23.4% | $4,297+45.2% |
| Admin fee / account holder | $4,423 | $6,715-34.1% | $8,394-47.3% | $6,935-36.2% |