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 | $52,011 | $49,227+5.7% | $70,449-26.2% | $79,858-34.9% |
| Participation rate | 100.0% | 69.2%+30.8pp | 75.1%+24.9pp | 69.6%+30.4pp |
| Annual return | 17.88% | 30.06%-12.2pp | 109.03%-91.1pp | 31.71%-13.8pp |
| Employer contribution / active EE | $1,721 | $2,099-18.0% | $2,737-37.1% | $2,471-30.3% |
| Participant deferral / active EE | $2,726 | $2,768-1.5% | $3,709-26.5% | $3,740-27.1% |
| Admin fee / account holder | $1,100 | $2,878-61.8% | $3,845-71.4% | $5,306-79.3% |