Filed January 15, 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 5-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 | $41,879 | $82,664-49.3% | $125,339-66.6% | $68,494-38.9% |
| Participation rate | 86.8% | 75.0%+11.8pp | 82.4%+4.5pp | 67.9%+19.0pp |
| Annual return | 0.26% | -5.97%+6.2pp | 572.05%-571.8pp | -7.84%+8.1pp |
| Employer contribution / active EE | $2,489 | $3,381-26.4% | $4,814-48.3% | $2,596-4.1% |
| Participant deferral / active EE | $14,338 | $6,110+134.6% | $7,446+92.6% | $4,027+256.0% |
| Admin fee / account holder | $2,262 | $6,275-64.0% | $10,010-77.4% | $5,403-58.1% |