Filed October 6, 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 7-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 | $42,574 | $72,277-41.1% | $101,248-58.0% | $79,858-46.7% |
| Participation rate | 97.1% | 68.5%+28.6pp | 75.8%+21.3pp | 69.6%+27.5pp |
| Annual return | 17.96% | 22.30%-4.3pp | 46.47%-28.5pp | 31.71%-13.8pp |
| Employer contribution / active EE | $4,393 | $2,692+63.2% | $3,660+20.0% | $2,471+77.8% |
| Participant deferral / active EE | $7,558 | $3,282+130.3% | $4,370+72.9% | $3,740+102.1% |
| Admin fee / account holder | $3,163 | $4,400-28.1% | $5,945-46.8% | $5,306-40.4% |