Filed March 31, 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 | $79,015 | $123,793-36.2% | $177,821-55.6% | $79,858-1.1% |
| Participation rate | 94.3% | 84.7%+9.6pp | 87.7%+6.6pp | 69.6%+24.7pp |
| Annual return | 16.27% | 22.82%-6.6pp | 48.32%-32.1pp | 31.71%-15.4pp |
| Employer contribution / active EE | $2,300 | $4,095-43.8% | $5,918-61.1% | $2,471-6.9% |
| Participant deferral / active EE | $3,717 | $5,956-37.6% | $7,714-51.8% | $3,740-0.6% |
| Admin fee / account holder | $1,645 | $7,243-77.3% | $12,427-86.8% | $5,306-69.0% |