Filed April 21, 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 8-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 | $126,034 | $85,766+47.0% | $136,294-7.5% | $70,131+79.7% |
| Participation rate | 100.0% | 74.2%+25.8pp | 81.9%+18.1pp | 69.5%+30.5pp |
| Annual return | 0.00% | 31.45%-31.5pp | 5155.94%-5155.9pp | 73.14%-73.1pp |
| Employer contribution / active EE | $5,450 | $2,966+83.7% | $4,695+16.1% | $2,342+132.7% |
| Participant deferral / active EE | $5,434 | $5,051+7.6% | $6,247-13.0% | $3,332+63.1% |
| Admin fee / account holder | $5,349 | $5,420-1.3% | $9,243-42.1% | $4,645+15.1% |