Filed May 7, 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 | $64,472 | $63,346+1.8% | $92,233-30.1% | $70,131-8.1% |
| Participation rate | 91.7% | 68.7%+23.0pp | 76.5%+15.2pp | 69.5%+22.1pp |
| Annual return | 19.86% | 530.12%-510.3pp | 176.28%-156.4pp | 73.14%-53.3pp |
| Employer contribution / active EE | $1,565 | $2,471-36.7% | $3,679-57.5% | $2,342-33.2% |
| Participant deferral / active EE | $3,697 | $2,854+29.6% | $3,897-5.1% | $3,332+11.0% |
| Admin fee / account holder | $716 | $3,840-81.4% | $5,194-86.2% | $4,645-84.6% |