Filed February 3, 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 | $87,471 | $97,757-10.5% | $83,848+4.3% | $135,375-35.4% |
| Participation rate | 73.7% | 80.0%-6.3pp | 76.1%-2.5pp | 82.6%-9.0pp |
| Annual return | -4.58% | 1287.37%-1291.9pp | 850.88%-855.5pp | 519.73%-524.3pp |
| Employer contribution / active EE | $2,726 | $4,222-35.4% | $3,631-24.9% | $4,779-43.0% |
| Participant deferral / active EE | $3,707 | $4,682-20.8% | $4,082-9.2% | $5,609-33.9% |
| Admin fee / account holder | $1,521 | $6,674-77.2% | $5,478-72.2% | $10,827-86.0% |