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 | $81,460+22.9% | $103,333-3.1% | $80,856+23.8% |
| Participation rate | 74.1% | 66.8%+7.2pp | 74.5%-0.4pp | 67.6%+6.4pp |
| Annual return | 15.08% | 25.55%-10.5pp | 24.88%-9.8pp | 35.59%-20.5pp |
| Employer contribution / active EE | $1,790 | $3,105-42.4% | $3,868-53.7% | $2,755-35.0% |
| Participant deferral / active EE | $6,240 | $3,869+61.3% | $5,057+23.4% | $4,296+45.3% |
| Admin fee / account holder | $4,423 | $6,566-32.6% | $8,355-47.1% | $6,918-36.1% |