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 | $209,336-3.3% | $197,124+2.7% | $137,256+47.4% |
| Participation rate | 100.0% | 87.3%+12.7pp | 86.7%+13.3pp | 80.0%+20.0pp |
| Annual return | 20.68% | 48.09%-27.4pp | 44.34%-23.7pp | 220.34%-199.7pp |
| Employer contribution / active EE | $12,774 | $6,591+93.8% | $6,227+105.1% | $4,156+207.4% |
| Participant deferral / active EE | $19,101 | $9,614+98.7% | $9,135+109.1% | $6,407+198.1% |
| Admin fee / account holder | $2,144 | $17,308-87.6% | $16,298-86.8% | $12,270-82.5% |