Filed October 11, 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 | $29,458 | $77,813-62.1% | $123,544-76.2% | $64,186-54.1% |
| Participation rate | 86.2% | 74.7%+11.4pp | 82.3%+3.9pp | 69.6%+16.6pp |
| Annual return | -7.07% | 12.48%-19.6pp | 119.20%-126.3pp | 7.63%-14.7pp |
| Employer contribution / active EE | $4,953 | $3,014+64.3% | $4,628+7.0% | $2,381+108.0% |
| Participant deferral / active EE | $4,782 | $5,240-8.7% | $6,426-25.6% | $3,470+37.8% |
| Admin fee / account holder | $1,290 | $5,519-76.6% | $9,284-86.1% | $4,888-73.6% |