Filed August 2, 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 | $58,083 | $72,404-19.8% | $110,238-47.3% | $64,186-9.5% |
| Participation rate | 86.9% | 73.3%+13.6pp | 79.8%+7.1pp | 69.6%+17.3pp |
| Annual return | -6.23% | -6.29%+0.1pp | 314.74%-321.0pp | 7.63%-13.9pp |
| Employer contribution / active EE | $866 | $2,282-62.1% | $3,826-77.4% | $2,381-63.6% |
| Participant deferral / active EE | $3,161 | $3,469-8.9% | $4,672-32.3% | $3,470-8.9% |
| Admin fee / account holder | $5,088 | $5,664-10.2% | $8,547-40.5% | $4,888+4.1% |