Filed May 28, 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 6-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 | $202,378 | $214,378-5.6% | $200,582+0.9% | $142,382+42.1% |
| Participation rate | 100.0% | 87.4%+12.6pp | 86.9%+13.1pp | 80.1%+19.9pp |
| Annual return | 20.68% | 46.41%-25.7pp | 42.33%-21.6pp | 217.08%-196.4pp |
| Employer contribution / active EE | $12,774 | $6,841+86.7% | $6,419+99.0% | $4,299+197.1% |
| Participant deferral / active EE | $19,101 | $9,865+93.6% | $9,331+104.7% | $6,507+193.5% |
| Admin fee / account holder | $2,144 | $17,692-87.9% | $16,305-86.9% | $12,624-83.0% |