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 | $67,984-37.0% | $65,493-34.6% | $74,304-42.3% |
| Participation rate | 94.8% | 66.3%+28.5pp | 73.1%+21.7pp | 60.3%+34.5pp |
| Annual return | 12.71% | 19.87%-7.2pp | 982.45%-969.7pp | 29.43%-16.7pp |
| Employer contribution / active EE | $1,168 | $2,491-53.1% | $2,574-54.6% | $2,241-47.9% |
| Participant deferral / active EE | $1,906 | $3,346-43.0% | $3,961-51.9% | $3,767-49.4% |
| Admin fee / account holder | $8,461 | $1,373+516.4% | $5,028+68.3% | $2,969+185.0% |