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 | $110,625 | $83,902+31.9% | $167,512-34.0% | $84,808+30.4% |
| Participation rate | 76.5% | 66.5%+10.0pp | 77.1%-0.6pp | 68.3%+8.2pp |
| Annual return | 16.27% | 91.55%-75.3pp | 1615.79%-1599.5pp | 40.90%-24.6pp |
| Employer contribution / active EE | $2,772 | $2,264+22.5% | $3,882-28.6% | $2,631+5.4% |
| Participant deferral / active EE | $7,876 | $4,442+77.3% | $6,405+23.0% | $4,212+87.0% |
| Admin fee / account holder | $4,216 | $7,915-46.7% | $9,769-56.8% | $7,344-42.6% |