Filed August 17, 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 | $51,931 | $49,177+5.6% | $79,464-34.6% | $64,186-19.1% |
| Participation rate | 92.0% | 65.0%+27.0pp | 73.3%+18.7pp | 69.6%+22.4pp |
| Annual return | 15.75% | -1.16%+16.9pp | 718.14%-702.4pp | 7.63%+8.1pp |
| Employer contribution / active EE | $5,784 | $2,076+178.6% | $2,800+106.5% | $2,381+142.9% |
| Participant deferral / active EE | $1,446 | $2,821-48.7% | $3,704-61.0% | $3,470-58.3% |
| Admin fee / account holder | $1,078 | $3,839-71.9% | $5,113-78.9% | $4,888-77.9% |