Filed February 19, 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 | $80,982 | $65,395+23.8% | $182,532-55.6% | $72,985+11.0% |
| Participation rate | 100.0% | 65.4%+34.6pp | 78.0%+22.0pp | 69.5%+30.5pp |
| Annual return | 22.25% | 27.68%-5.4pp | 148.54%-126.3pp | 81.00%-58.7pp |
| Employer contribution / active EE | $5,680 | $1,911+197.2% | $4,076+39.3% | $2,440+132.8% |
| Participant deferral / active EE | $4,001 | $3,563+12.3% | $5,524-27.6% | $3,607+10.9% |
| Admin fee / account holder | $6,388 | $4,245+50.5% | $8,592-25.6% | $5,124+24.7% |