Filed March 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 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 | $100,728 | $123,793-18.6% | $177,821-43.4% | $79,858+26.1% |
| Participation rate | 81.0% | 84.7%-3.6pp | 87.7%-6.7pp | 69.6%+11.4pp |
| Annual return | 12.33% | 22.82%-10.5pp | 48.32%-36.0pp | 31.71%-19.4pp |
| Employer contribution / active EE | $4,497 | $4,095+9.8% | $5,918-24.0% | $2,471+82.0% |
| Participant deferral / active EE | $8,440 | $5,956+41.7% | $7,714+9.4% | $3,740+125.7% |
| Admin fee / account holder | $10,872 | $7,243+50.1% | $12,427-12.5% | $5,306+104.9% |