Filed April 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 | $204,859 | $135,952+50.7% | $123,892+65.4% | $273,961-25.2% |
| Participation rate | 100.0% | 84.1%+15.9pp | 81.4%+18.6pp | 83.0%+17.0pp |
| Annual return | 9.01% | 56.63%-47.6pp | 47.52%-38.5pp | 41.45%-32.4pp |
| Employer contribution / active EE | $10,714 | $5,170+107.3% | $4,617+132.1% | $4,869+120.1% |
| Participant deferral / active EE | $8,669 | $6,343+36.7% | $5,984+44.9% | $5,287+64.0% |
| Admin fee / account holder | $719 | $9,817-92.7% | $8,357-91.4% | $10,132-92.9% |