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 | $186,817 | $159,901+16.8% | $146,958+27.1% | $145,922+28.0% |
| Participation rate | 90.9% | 84.0%+6.9pp | 82.2%+8.8pp | 80.3%+10.6pp |
| Annual return | 11.79% | 98.13%-86.3pp | 418.34%-406.5pp | 561.29%-549.5pp |
| Employer contribution / active EE | $9,007 | $5,286+70.4% | $4,933+82.6% | $4,660+93.3% |
| Participant deferral / active EE | $17,448 | $8,428+107.0% | $8,070+116.2% | $6,688+160.9% |
| Admin fee / account holder | $6,722 | $15,044-55.3% | $12,998-48.3% | $13,397-49.8% |