Filed October 18, 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 8-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 | $110,663 | $73,787+50.0% | $98,716+12.1% | $82,448+34.2% |
| Participation rate | 97.9% | 61.4%+36.5pp | 69.3%+28.6pp | 68.1%+29.8pp |
| Annual return | 17.09% | 18.57%-1.5pp | 31.81%-14.7pp | 41.64%-24.5pp |
| Employer contribution / active EE | $3,601 | $1,511+138.3% | $2,279+58.0% | $2,551+41.2% |
| Participant deferral / active EE | $7,135 | $3,081+131.5% | $4,048+76.3% | $4,139+72.4% |
| Admin fee / account holder | $5,383 | $6,500-17.2% | $8,703-38.1% | $7,234-25.6% |