Filed February 11, 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 | $127,759 | $90,503+41.2% | $78,689+62.4% | $273,961-53.4% |
| Participation rate | 94.7% | 76.5%+18.2pp | 73.6%+21.2pp | 83.0%+11.7pp |
| Annual return | 5.13% | 75.60%-70.5pp | 62.18%-57.0pp | 41.45%-36.3pp |
| Employer contribution / active EE | $3,679 | $3,176+15.9% | $2,851+29.1% | $4,869-24.4% |
| Participant deferral / active EE | $6,179 | $3,901+58.4% | $3,517+75.7% | $5,287+16.9% |
| Admin fee / account holder | $429 | $5,263-91.9% | $4,510-90.5% | $10,132-95.8% |