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 | $102,306 | $122,239-16.3% | $184,203-44.5% | $74,495+37.3% |
| Participation rate | 73.8% | 85.5%-11.7pp | 86.8%-13.0pp | 67.2%+6.6pp |
| Annual return | 17.40% | 19.95%-2.5pp | 28.81%-11.4pp | 1364.94%-1347.5pp |
| Employer contribution / active EE | $4,158 | $4,537-8.4% | $6,427-35.3% | $2,623+58.5% |
| Participant deferral / active EE | $8,475 | $7,139+18.7% | $9,131-7.2% | $4,346+95.0% |
| Admin fee / account holder | $11,198 | $1,260+789.0% | $13,901-19.4% | $1,942+476.7% |