Filed August 3, 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 | $103,815 | $90,503+14.7% | $78,689+31.9% | $273,961-62.1% |
| Participation rate | 87.0% | 76.5%+10.4pp | 73.6%+13.4pp | 83.0%+3.9pp |
| Annual return | 10.32% | 75.60%-65.3pp | 62.18%-51.9pp | 41.45%-31.1pp |
| Employer contribution / active EE | $13,855 | $3,176+336.3% | $2,851+386.0% | $4,869+184.6% |
| Participant deferral / active EE | $6,148 | $3,901+57.6% | $3,517+74.8% | $5,287+16.3% |
| Admin fee / account holder | $2,550 | $5,263-51.6% | $4,510-43.5% | $10,132-74.8% |