Filed March 29, 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 | $27,855 | $99,341-72.0% | $84,750-67.1% | $273,961-89.8% |
| Participation rate | 100.0% | 80.7%+19.3pp | 76.6%+23.4pp | 83.0%+17.0pp |
| Annual return | 24.20% | 22.93%+1.3pp | 22.78%+1.4pp | 41.45%-17.3pp |
| Employer contribution / active EE | $13,946 | $4,214+231.0% | $3,574+290.2% | $4,869+186.4% |
| Participant deferral / active EE | $6,332 | $4,269+48.3% | $3,712+70.6% | $5,287+19.8% |
| Admin fee / account holder | $2,788 | $6,644-58.0% | $5,332-47.7% | $10,132-72.5% |