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 | $155,298 | $84,696+83.4% | $75,696+105.2% | $167,490-7.3% |
| Participation rate | 100.0% | 77.8%+22.2pp | 74.8%+25.2pp | 82.1%+17.9pp |
| Annual return | 11.79% | 199.36%-187.6pp | 104.53%-92.7pp | 478.56%-466.8pp |
| Employer contribution / active EE | $9,553 | $3,230+195.8% | $2,743+248.3% | $4,837+97.5% |
| Participant deferral / active EE | $5,801 | $4,580+26.7% | $3,821+51.8% | $6,341-8.5% |
| Admin fee / account holder | $40,831 | $5,355+662.5% | $3,619+1028.2% | $12,309+231.7% |