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 | $46,900 | $87,841-46.6% | $133,980-65.0% | $62,891-25.4% |
| Participation rate | 86.8% | 83.4%+3.4pp | 87.1%-0.3pp | 69.3%+17.5pp |
| Annual return | 10.09% | 12.05%-2.0pp | 29.30%-19.2pp | 20.14%-10.0pp |
| Employer contribution / active EE | $2,340 | $3,483-32.8% | $5,211-55.1% | $2,281+2.6% |
| Participant deferral / active EE | $3,019 | $4,812-37.3% | $6,282-51.9% | $3,203-5.7% |
| Admin fee / account holder | $3,894 | $5,371-27.5% | $9,324-58.2% | $4,296-9.4% |