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 | $119,466 | $89,355+33.7% | $141,162-15.4% | $72,985+63.7% |
| Participation rate | 100.0% | 75.1%+24.9pp | 82.5%+17.5pp | 69.5%+30.5pp |
| Annual return | 24.99% | 111.85%-86.9pp | 71.39%-46.4pp | 81.00%-56.0pp |
| Employer contribution / active EE | $11,682 | $3,114+275.1% | $4,735+146.7% | $2,440+378.8% |
| Participant deferral / active EE | $16,639 | $5,418+207.1% | $6,709+148.0% | $3,607+361.3% |
| Admin fee / account holder | $6,475 | $5,958+8.7% | $10,261-36.9% | $5,124+26.4% |