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 | $149,715 | $98,750+51.6% | $149,6960% | $79,858+87.5% |
| Participation rate | 87.9% | 75.8%+12.1pp | 82.5%+5.4pp | 69.6%+18.2pp |
| Annual return | 13.33% | 27.43%-14.1pp | 276.60%-263.3pp | 31.71%-18.4pp |
| Employer contribution / active EE | $2,738 | $3,216-14.9% | $4,644-41.1% | $2,471+10.8% |
| Participant deferral / active EE | $11,947 | $5,680+110.3% | $6,842+74.6% | $3,740+219.4% |
| Admin fee / account holder | $5,024 | $6,053-17.0% | $9,309-46.0% | $5,306-5.3% |