Filed January 27, 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 7-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 | $56,113 | $42,383+32.4% | $76,523-26.7% | $64,186-12.6% |
| Participation rate | 100.0% | 58.1%+41.9pp | 68.0%+32.0pp | 69.6%+30.4pp |
| Annual return | 0.00% | -16.54%+16.5pp | -0.27%+0.3pp | 7.63%-7.6pp |
| Employer contribution / active EE | $6,996 | $1,563+347.5% | $2,647+164.3% | $2,381+193.8% |
| Participant deferral / active EE | $8,459 | $2,566+229.6% | $3,835+120.5% | $3,470+143.8% |
| Admin fee / account holder | $9,929 | $3,198+210.5% | $4,848+104.8% | $4,888+103.1% |