Filed February 4, 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 | $29,249 | $91,190-67.9% | $178,490-83.6% | $79,858-63.4% |
| Participation rate | 73.2% | 69.2%+4.0pp | 81.9%-8.8pp | 69.6%+3.5pp |
| Annual return | 26.69% | 24.19%+2.5pp | 151.07%-124.4pp | 31.71%-5.0pp |
| Employer contribution / active EE | $425 | $3,256-86.9% | $5,011-91.5% | $2,471-82.8% |
| Participant deferral / active EE | $6,075 | $3,236+87.7% | $5,202+16.8% | $3,740+62.4% |
| Admin fee / account holder | $4,354 | $6,751-35.5% | $13,984-68.9% | $5,306-17.9% |