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 | $89,753-4.2% | $107,525-20.1% | $84,808+1.4% |
| Participation rate | 73.2% | 68.1%+5.1pp | 75.1%-1.9pp | 68.3%+4.9pp |
| Annual return | 14.06% | 29.48%-15.4pp | 181.32%-167.3pp | 40.90%-26.8pp |
| Employer contribution / active EE | $5,575 | $3,113+79.1% | $3,754+48.5% | $2,631+111.9% |
| Participant deferral / active EE | $9,999 | $4,056+146.5% | $5,116+95.5% | $4,212+137.4% |
| Admin fee / account holder | $15,597 | $7,222+116.0% | $8,919+74.9% | $7,344+112.4% |