Filed January 25, 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 | $82,129 | $77,813+5.5% | $123,544-33.5% | $64,186+28.0% |
| Participation rate | 100.0% | 74.7%+25.3pp | 82.3%+17.7pp | 69.6%+30.4pp |
| Annual return | -4.92% | 12.48%-17.4pp | 119.20%-124.1pp | 7.63%-12.6pp |
| Employer contribution / active EE | $9,555 | $3,014+217.0% | $4,628+106.5% | $2,381+301.3% |
| Participant deferral / active EE | $14,678 | $5,240+180.1% | $6,426+128.4% | $3,470+323.0% |
| Admin fee / account holder | $10,100 | $5,519+83.0% | $9,284+8.8% | $4,888+106.6% |