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 | $45,504 | $46,553-2.3% | $64,056-29.0% | $75,163-39.5% |
| Participation rate | 96.6% | 65.9%+30.7pp | 72.3%+24.3pp | 67.2%+29.4pp |
| Annual return | 16.68% | 26.03%-9.3pp | 33.69%-17.0pp | 160.62%-143.9pp |
| Employer contribution / active EE | $2,505 | $1,974+26.9% | $2,747-8.8% | $2,670-6.2% |
| Participant deferral / active EE | $3,523 | $2,837+24.2% | $3,880-9.2% | $4,125-14.6% |
| Admin fee / account holder | $10,441 | $2,952+253.7% | $3,068+240.3% | $5,651+84.8% |