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 | $57,853 | $60,124-3.8% | $90,404-36.0% | $79,858-27.6% |
| Participation rate | 90.0% | 65.0%+25.0pp | 72.7%+17.3pp | 69.6%+20.4pp |
| Annual return | 10.54% | 71.94%-61.4pp | 1293.02%-1282.5pp | 31.71%-21.2pp |
| Employer contribution / active EE | $4,674 | $2,068+126.0% | $3,262+43.3% | $2,471+89.2% |
| Participant deferral / active EE | $1,200 | $2,938-59.1% | $3,963-69.7% | $3,740-67.9% |
| Admin fee / account holder | $1,179 | $3,976-70.3% | $5,611-79.0% | $5,306-77.8% |