Filed February 25, 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 | $64,815 | $70,669-8.3% | $169,368-61.7% | $75,163-13.8% |
| Participation rate | 83.9% | 64.8%+19.1pp | 77.1%+6.7pp | 67.2%+16.7pp |
| Annual return | 18.32% | 36.36%-18.0pp | 405.60%-387.3pp | 160.62%-142.3pp |
| Employer contribution / active EE | $2,904 | $2,211+31.4% | $4,013-27.6% | $2,670+8.8% |
| Participant deferral / active EE | $7,169 | $4,311+66.3% | $6,221+15.2% | $4,125+73.8% |
| Admin fee / account holder | $4,948 | $5,402-8.4% | $9,003-45.0% | $5,651-12.4% |