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 | $67,360 | $57,354+17.4% | $83,848-19.7% | $64,186+4.9% |
| Participation rate | 86.0% | 68.6%+17.4pp | 76.1%+9.9pp | 69.6%+16.5pp |
| Annual return | -4.74% | 11.38%-16.1pp | 850.88%-855.6pp | 7.63%-12.4pp |
| Employer contribution / active EE | $1,642 | $2,545-35.5% | $3,631-54.8% | $2,381-31.0% |
| Participant deferral / active EE | $3,957 | $2,993+32.2% | $4,082-3.1% | $3,470+14.0% |
| Admin fee / account holder | $1,699 | $4,046-58.0% | $5,478-69.0% | $4,888-65.2% |