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 | $102,547 | $77,813+31.8% | $123,544-17.0% | $64,186+59.8% |
| Participation rate | 98.5% | 74.7%+23.8pp | 82.3%+16.2pp | 69.6%+28.9pp |
| Annual return | -7.08% | 12.48%-19.6pp | 119.20%-126.3pp | 7.63%-14.7pp |
| Employer contribution / active EE | $3,722 | $3,014+23.5% | $4,628-19.6% | $2,381+56.3% |
| Participant deferral / active EE | $12,887 | $5,240+145.9% | $6,426+100.6% | $3,470+271.4% |
| Admin fee / account holder | $12,677 | $5,519+129.7% | $9,284+36.5% | $4,888+159.3% |