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 | $147,835 | $109,413+35.1% | $156,263-5.4% | $84,808+74.3% |
| Participation rate | 97.3% | 72.7%+24.6pp | 78.9%+18.4pp | 68.3%+29.0pp |
| Annual return | 12.74% | 20.18%-7.4pp | 59.47%-46.7pp | 40.90%-28.2pp |
| Employer contribution / active EE | $1,756 | $2,907-39.6% | $4,333-59.5% | $2,631-33.3% |
| Participant deferral / active EE | $7,398 | $4,590+61.2% | $6,158+20.1% | $4,212+75.6% |
| Admin fee / account holder | $5,491 | $9,357-41.3% | $14,255-61.5% | $7,344-25.2% |