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 | $96,278 | $91,552+5.2% | $133,956-28.1% | $79,858+20.6% |
| Participation rate | 81.0% | 73.3%+7.6pp | 79.8%+1.1pp | 69.6%+11.3pp |
| Annual return | 13.00% | 61.85%-48.8pp | 45.09%-32.1pp | 31.71%-18.7pp |
| Employer contribution / active EE | $1,790 | $2,384-24.9% | $3,919-54.3% | $2,471-27.5% |
| Participant deferral / active EE | $7,202 | $3,733+92.9% | $5,048+42.7% | $3,740+92.6% |
| Admin fee / account holder | $1,580 | $6,321-75.0% | $8,927-82.3% | $5,306-70.2% |