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 | $169,896 | $105,181+61.5% | $159,436+6.6% | $85,850+97.9% |
| Participation rate | 87.1% | 75.8%+11.3pp | 82.8%+4.3pp | 69.3%+17.8pp |
| Annual return | 14.71% | 45.07%-30.4pp | 263.57%-248.9pp | 318.53%-303.8pp |
| Employer contribution / active EE | $11,026 | $3,318+232.3% | $4,829+128.3% | $2,565+329.8% |
| Participant deferral / active EE | $17,059 | $5,945+187.0% | $7,352+132.0% | $3,952+331.7% |
| Admin fee / account holder | $24,668 | $6,933+255.8% | $10,799+128.4% | $6,260+294.1% |