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 | $195,687 | $100,852+94.0% | $90,404+116.5% | $158,922+23.1% |
| Participation rate | 90.5% | 75.0%+15.5pp | 72.7%+17.8pp | 82.0%+8.5pp |
| Annual return | 16.57% | 1724.20%-1707.6pp | 1293.02%-1276.4pp | 302.83%-286.3pp |
| Employer contribution / active EE | $4,211 | $3,689+14.2% | $3,262+29.1% | $4,761-11.5% |
| Participant deferral / active EE | $8,612 | $4,348+98.1% | $3,963+117.3% | $5,982+44.0% |
| Admin fee / account holder | $4,103 | $6,501-36.9% | $5,611-26.9% | $11,246-63.5% |