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 | $89,007 | $106,515-16.4% | $96,683-7.9% | $139,434-36.2% |
| Participation rate | 77.3% | 77.8%-0.6pp | 74.3%+2.9pp | 80.3%-3.0pp |
| Annual return | 18.31% | 38.43%-20.1pp | 35.69%-17.4pp | 372.94%-354.6pp |
| Employer contribution / active EE | $3,378 | $4,103-17.7% | $3,737-9.6% | $4,751-28.9% |
| Participant deferral / active EE | $3,676 | $5,454-32.6% | $4,878-24.6% | $6,710-45.2% |
| Admin fee / account holder | $56,915 | $7,877+622.6% | $6,730+745.8% | $11,403+399.1% |