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 | $73,787-25.2% | $98,716-44.1% | $82,448-33.1% |
| Participation rate | 85.3% | 61.4%+23.9pp | 69.3%+16.0pp | 68.1%+17.2pp |
| Annual return | 17.01% | 18.57%-1.6pp | 31.81%-14.8pp | 41.64%-24.6pp |
| Employer contribution / active EE | $5,532 | $1,511+266.0% | $2,279+142.8% | $2,551+116.9% |
| Participant deferral / active EE | $10,633 | $3,081+245.1% | $4,048+162.7% | $4,139+156.9% |
| Admin fee / account holder | $29,845 | $6,500+359.1% | $8,703+242.9% | $7,234+312.5% |