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 | $140,104 | $81,900+71.1% | $119,609+17.1% | $68,494+104.5% |
| Participation rate | 97.2% | 71.9%+25.3pp | 79.3%+18.0pp | 67.9%+29.3pp |
| Annual return | -12.01% | -23.82%+11.8pp | -14.97%+3.0pp | -7.84%-4.2pp |
| Employer contribution / active EE | $1,569 | $2,693-41.8% | $4,232-62.9% | $2,596-39.6% |
| Participant deferral / active EE | $7,305 | $4,148+76.1% | $5,602+30.4% | $4,027+81.4% |
| Admin fee / account holder | $5,567 | $6,582-15.4% | $10,323-46.1% | $5,403+3.0% |