Filed August 10, 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 | $95,937 | $95,803+0.1% | $113,168-15.2% | $84,808+13.1% |
| Participation rate | 71.2% | 72.9%-1.6pp | 76.6%-5.3pp | 68.3%+2.9pp |
| Annual return | 15.63% | 25.00%-9.4pp | 24.27%-8.6pp | 40.90%-25.3pp |
| Employer contribution / active EE | $1,975 | $2,360-16.3% | $2,975-33.6% | $2,631-24.9% |
| Participant deferral / active EE | $3,665 | $4,242-13.6% | $5,107-28.2% | $4,212-13.0% |
| Admin fee / account holder | $7,842 | $8,989-12.8% | $12,068-35.0% | $7,344+6.8% |