Filed September 13, 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 | $175,766 | $97,125+81.0% | $86,233+103.8% | $137,256+28.1% |
| Participation rate | 100.0% | 74.2%+25.8pp | 69.0%+31.0pp | 80.0%+20.0pp |
| Annual return | 17.33% | 74.19%-56.9pp | 61.39%-44.1pp | 220.34%-203.0pp |
| Employer contribution / active EE | $9,541 | $2,841+235.8% | $2,504+281.0% | $4,156+129.6% |
| Participant deferral / active EE | $19,388 | $5,180+274.3% | $4,559+325.3% | $6,407+202.6% |
| Admin fee / account holder | $22,841 | $9,725+134.9% | $8,342+173.8% | $12,270+86.2% |