Filed October 4, 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 4-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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $283,168 | $79,633+255.6% | $93,789+201.9% | $68,494+313.4% |
| Participation rate | 98.3% | 75.4%+22.9pp | 81.0%+17.4pp | 67.9%+30.4pp |
| Annual return | 0.00% | -0.10%+0.1pp | -11.33%+11.3pp | -7.84%+7.8pp |
| Employer contribution / active EE | $7,693 | $3,665+109.9% | $4,323+78.0% | $2,596+196.3% |
| Participant deferral / active EE | $6,887 | $5,158+33.5% | $6,094+13.0% | $4,027+71.0% |
| Admin fee / account holder | $52,332 | $6,871+661.6% | $7,195+627.4% | $5,403+868.6% |