Filed December 8, 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 | $84,180 | $54,350+54.9% | $82,719+1.8% | $68,494+22.9% |
| Participation rate | 92.3% | 63.9%+28.4pp | 72.6%+19.8pp | 67.9%+24.4pp |
| Annual return | -13.66% | -13.67%0pp | 701.18%-714.8pp | -7.84%-5.8pp |
| Employer contribution / active EE | $8,350 | $2,218+276.4% | $3,009+177.5% | $2,596+221.6% |
| Participant deferral / active EE | $5,500 | $3,246+69.4% | $4,395+25.1% | $4,027+36.6% |
| Admin fee / account holder | $6,923 | $4,395+57.5% | $5,329+29.9% | $5,403+28.1% |