Filed October 1, 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 | $95,017 | $72,177+31.6% | $115,037-17.4% | $59,632+59.3% |
| Participation rate | 82.2% | 72.6%+9.6pp | 81.4%+0.8pp | 68.7%+13.5pp |
| Annual return | 13.36% | 12.02%+1.3pp | 26.14%-12.8pp | 2041.28%-2027.9pp |
| Employer contribution / active EE | $2,512 | $2,841-11.6% | $4,608-45.5% | $2,203+14.0% |
| Participant deferral / active EE | $9,697 | $4,783+102.8% | $6,026+60.9% | $3,192+203.8% |
| Admin fee / account holder | $3,237 | $4,927-34.3% | $8,175-60.4% | $4,297-24.7% |