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 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 | $85,953 | $88,672-3.1% | $105,223-18.3% | $82,448+4.3% |
| Participation rate | 73.2% | 67.9%+5.2pp | 75.0%-1.9pp | 68.1%+5.1pp |
| Annual return | 14.06% | 30.86%-16.8pp | 180.65%-166.6pp | 41.64%-27.6pp |
| Employer contribution / active EE | $5,575 | $3,048+82.9% | $3,689+51.1% | $2,551+118.5% |
| Participant deferral / active EE | $9,999 | $4,036+147.7% | $5,072+97.2% | $4,139+141.6% |
| Admin fee / account holder | $15,597 | $7,146+118.3% | $8,859+76.1% | $7,234+115.6% |