Filed October 13, 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 | $190,348 | $77,419+145.9% | $69,455+174.1% | $152,861+24.5% |
| Participation rate | 91.7% | 78.1%+13.6pp | 74.6%+17.1pp | 82.4%+9.2pp |
| Annual return | 14.59% | 39.06%-24.5pp | 28.97%-14.4pp | 345.32%-330.7pp |
| Employer contribution / active EE | $8,757 | $3,315+164.1% | $2,779+215.1% | $4,762+83.9% |
| Participant deferral / active EE | $4,219 | $4,414-4.4% | $3,535+19.3% | $5,850-27.9% |
| Admin fee / account holder | $15,485 | $6,207+149.5% | $3,839+303.3% | $11,596+33.5% |