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 | $23,749 | $99,341-76.1% | $84,750-72.0% | $273,961-91.3% |
| Participation rate | 78.9% | 80.7%-1.7pp | 76.6%+2.4pp | 83.0%-4.1pp |
| Annual return | 11.53% | 22.93%-11.4pp | 22.78%-11.2pp | 41.45%-29.9pp |
| Employer contribution / active EE | $2,493 | $4,214-40.8% | $3,574-30.2% | $4,869-48.8% |
| Participant deferral / active EE | $5,137 | $4,269+20.3% | $3,712+38.4% | $5,287-2.8% |
| Admin fee / account holder | $1,035 | $6,644-84.4% | $5,332-80.6% | $10,132-89.8% |