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 | $137,770 | $89,355+54.2% | $141,162-2.4% | $72,985+88.8% |
| Participation rate | 96.6% | 75.1%+21.5pp | 82.5%+14.1pp | 69.5%+27.1pp |
| Annual return | 20.88% | 111.85%-91.0pp | 71.39%-50.5pp | 81.00%-60.1pp |
| Employer contribution / active EE | $3,190 | $3,114+2.4% | $4,735-32.6% | $2,440+30.7% |
| Participant deferral / active EE | $12,191 | $5,418+125.0% | $6,709+81.7% | $3,607+237.9% |
| Admin fee / account holder | $17,313 | $5,958+190.6% | $10,261+68.7% | $5,124+237.9% |