Filed March 29, 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 10-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 | $55,174 | $74,927-26.4% | $101,794-45.8% | $84,808-34.9% |
| Participation rate | 85.3% | 61.4%+23.9pp | 69.2%+16.1pp | 68.3%+17.0pp |
| Annual return | 17.01% | 18.70%-1.7pp | 30.53%-13.5pp | 40.90%-23.9pp |
| Employer contribution / active EE | $5,532 | $1,522+263.5% | $2,289+141.7% | $2,631+110.3% |
| Participant deferral / active EE | $10,633 | $3,099+243.1% | $4,084+160.3% | $4,212+152.5% |
| Admin fee / account holder | $29,845 | $6,514+358.2% | $8,777+240.0% | $7,344+306.4% |