Filed April 22, 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 | $42,848 | $64,705-33.8% | $62,929-31.9% | $67,986-37.0% |
| Participation rate | 94.8% | 65.6%+29.2pp | 73.1%+21.7pp | 57.2%+37.6pp |
| Annual return | 12.71% | 20.31%-7.6pp | 1063.93%-1051.2pp | 31.67%-19.0pp |
| Employer contribution / active EE | $1,168 | $2,376-50.8% | $2,505-53.4% | $2,019-42.1% |
| Participant deferral / active EE | $1,906 | $3,198-40.4% | $3,888-51.0% | $3,358-43.2% |
| Admin fee / account holder | $8,461 | $1,428+492.5% | $5,065+67.1% | $3,203+164.2% |