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 | $139,344 | $85,202+63.5% | $172,739-19.3% | $72,985+90.9% |
| Participation rate | 96.4% | 70.1%+26.4pp | 82.6%+13.8pp | 69.5%+26.9pp |
| Annual return | 24.24% | 27.32%-3.1pp | 802.84%-778.6pp | 81.00%-56.8pp |
| Employer contribution / active EE | $6,480 | $3,324+94.9% | $5,143+26.0% | $2,440+165.6% |
| Participant deferral / active EE | $5,813 | $3,260+78.3% | $5,198+11.8% | $3,607+61.1% |
| Admin fee / account holder | $45,121 | $5,884+666.9% | $13,954+223.4% | $5,124+780.5% |