Filed April 12, 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 | $100,302 | $81,248+23.5% | $155,509-35.5% | $80,856+24.0% |
| Participation rate | 88.2% | 66.2%+22.0pp | 78.2%+10.0pp | 67.6%+20.6pp |
| Annual return | 12.34% | 33.31%-21.0pp | 64.67%-52.3pp | 35.59%-23.3pp |
| Employer contribution / active EE | $3,453 | $3,100+11.4% | $4,672-26.1% | $2,755+25.3% |
| Participant deferral / active EE | $8,533 | $3,452+147.2% | $5,626+51.7% | $4,296+98.6% |
| Admin fee / account holder | $11,540 | $7,997+44.3% | $15,912-27.5% | $6,918+66.8% |