Filed January 21, 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 | $12,013 | $43,327-72.3% | $59,878-79.9% | $64,186-81.3% |
| Participation rate | 88.6% | 69.2%+19.4pp | 74.7%+13.9pp | 69.6%+19.0pp |
| Annual return | -5.91% | -1.55%-4.4pp | 3.46%-9.4pp | 7.63%-13.5pp |
| Employer contribution / active EE | $1,662 | $2,028-18.0% | $2,722-38.9% | $2,381-30.2% |
| Participant deferral / active EE | $0 | $2,546-100.0% | $3,402-100.0% | $3,470-100.0% |
| Admin fee / account holder | $632 | $3,005-79.0% | $3,590-82.4% | $4,888-87.1% |