Filed June 22, 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 | $176,313 | $180,449-2.3% | $154,107+14.4% | $135,375+30.2% |
| Participation rate | 90.9% | 87.4%+3.5pp | 83.0%+7.9pp | 82.6%+8.3pp |
| Annual return | -5.28% | 888.09%-893.4pp | 735.12%-740.4pp | 519.73%-525.0pp |
| Employer contribution / active EE | $12,825 | $6,035+112.5% | $5,298+142.1% | $4,779+168.4% |
| Participant deferral / active EE | $7,858 | $5,806+35.3% | $5,081+54.7% | $5,609+40.1% |
| Admin fee / account holder | $3,789 | $16,143-76.5% | $13,411-71.7% | $10,827-65.0% |