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 | $81,470 | $77,314+5.4% | $177,989-54.2% | $80,856+0.8% |
| Participation rate | 83.9% | 65.7%+18.2pp | 77.1%+6.8pp | 67.6%+16.2pp |
| Annual return | 15.22% | 18.09%-2.9pp | 294.48%-279.3pp | 35.59%-20.4pp |
| Employer contribution / active EE | $3,066 | $2,292+33.8% | $3,949-22.3% | $2,755+11.3% |
| Participant deferral / active EE | $8,543 | $4,411+93.7% | $6,276+36.1% | $4,296+98.9% |
| Admin fee / account holder | $832 | $7,191-88.4% | $10,363-92.0% | $6,918-88.0% |