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 | $35,226 | $89,355-60.6% | $141,162-75.0% | $72,985-51.7% |
| Participation rate | 89.4% | 75.1%+14.3pp | 82.5%+6.9pp | 69.5%+19.9pp |
| Annual return | 26.55% | 111.85%-85.3pp | 71.39%-44.8pp | 81.00%-54.5pp |
| Employer contribution / active EE | $4,929 | $3,114+58.3% | $4,735+4.1% | $2,440+102.0% |
| Participant deferral / active EE | $5,430 | $5,418+0.2% | $6,709-19.1% | $3,607+50.5% |
| Admin fee / account holder | $304 | $5,958-94.9% | $10,261-97.0% | $5,124-94.1% |