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 | $172,246 | $148,534+16.0% | $135,903+26.7% | $139,434+23.5% |
| Participation rate | 88.9% | 83.9%+5.0pp | 81.9%+7.0pp | 80.3%+8.6pp |
| Annual return | 15.99% | 79.19%-63.2pp | 68.23%-52.2pp | 372.94%-357.0pp |
| Employer contribution / active EE | $15,181 | $5,243+189.5% | $4,856+212.6% | $4,751+219.5% |
| Participant deferral / active EE | $21,057 | $8,100+160.0% | $7,758+171.4% | $6,710+213.8% |
| Admin fee / account holder | $33,858 | $12,400+173.1% | $10,762+214.6% | $11,403+196.9% |