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 | $197,211 | $67,331+192.9% | $60,874+224.0% | $134,475+46.7% |
| Participation rate | 70.0% | 76.2%-6.2pp | 73.1%-3.1pp | 81.2%-11.2pp |
| Annual return | -11.50% | 49.93%-61.4pp | 16.90%-28.4pp | 417.96%-429.5pp |
| Employer contribution / active EE | $11,563 | $3,096+273.4% | $2,701+328.0% | $4,740+144.0% |
| Participant deferral / active EE | $9,335 | $4,538+105.7% | $3,817+144.6% | $6,400+45.9% |
| Admin fee / account holder | $53,318 | $4,582+1063.6% | $3,224+1553.6% | $11,426+366.6% |