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 | $173,419 | $82,664+109.8% | $125,339+38.4% | $68,494+153.2% |
| Participation rate | 98.1% | 75.0%+23.0pp | 82.4%+15.7pp | 67.9%+30.2pp |
| Annual return | -13.28% | -5.97%-7.3pp | 572.05%-585.3pp | -7.84%-5.4pp |
| Employer contribution / active EE | $7,216 | $3,381+113.4% | $4,814+49.9% | $2,596+177.9% |
| Participant deferral / active EE | $8,992 | $6,110+47.2% | $7,446+20.8% | $4,027+123.3% |
| Admin fee / account holder | $535 | $6,275-91.5% | $10,010-94.7% | $5,403-90.1% |