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 | $40,464 | $98,750-59.0% | $149,696-73.0% | $79,858-49.3% |
| Participation rate | 100.0% | 75.8%+24.2pp | 82.5%+17.5pp | 69.6%+30.4pp |
| Annual return | 13.33% | 27.43%-14.1pp | 276.60%-263.3pp | 31.71%-18.4pp |
| Employer contribution / active EE | $5,378 | $3,216+67.2% | $4,644+15.8% | $2,471+117.7% |
| Participant deferral / active EE | $6,444 | $5,680+13.5% | $6,842-5.8% | $3,740+72.3% |
| Admin fee / account holder | $1,523 | $6,053-74.8% | $9,309-83.6% | $5,306-71.3% |