Filed November 25, 2020
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 | $116,154 | $78,422+48.1% | $95,952+21.1% | $79,858+45.5% |
| Participation rate | 87.8% | 73.5%+14.3pp | 77.1%+10.7pp | 69.6%+18.2pp |
| Annual return | 15.60% | 19.37%-3.8pp | 91.61%-76.0pp | 31.71%-16.1pp |
| Employer contribution / active EE | $2,868 | $1,945+47.4% | $2,541+12.9% | $2,471+16.1% |
| Participant deferral / active EE | $4,925 | $3,440+43.2% | $4,167+18.2% | $3,740+31.7% |
| Admin fee / account holder | $7,108 | $5,622+26.4% | $6,795+4.6% | $5,306+33.9% |