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 | $82,371 | $146,267-43.7% | $197,124-58.2% | $82,448-0.1% |
| Participation rate | 100.0% | 84.0%+16.0pp | 86.7%+13.3pp | 68.1%+31.9pp |
| Annual return | 21.41% | 29.61%-8.2pp | 44.34%-22.9pp | 41.64%-20.2pp |
| Employer contribution / active EE | $4,979 | $4,723+5.4% | $6,227-20.0% | $2,551+95.2% |
| Participant deferral / active EE | $4,611 | $7,035-34.5% | $9,135-49.5% | $4,139+11.4% |
| Admin fee / account holder | $5,590 | $14,422-61.2% | $16,298-65.7% | $7,234-22.7% |