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 | $94,633 | $72,012+31.4% | $185,823-49.1% | $79,858+18.5% |
| Participation rate | 100.0% | 65.8%+34.2pp | 78.0%+22.0pp | 69.6%+30.4pp |
| Annual return | 16.23% | 23.12%-6.9pp | 35.95%-19.7pp | 31.71%-15.5pp |
| Employer contribution / active EE | $7,086 | $1,965+260.7% | $4,087+73.4% | $2,471+186.8% |
| Participant deferral / active EE | $4,058 | $3,779+7.4% | $5,632-27.9% | $3,740+8.5% |
| Admin fee / account holder | $2,696 | $4,513-40.3% | $9,500-71.6% | $5,306-49.2% |