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 | $197,457 | $93,571+111.0% | $135,903+45.3% | $75,163+162.7% |
| Participation rate | 100.0% | 75.2%+24.8pp | 81.9%+18.1pp | 67.2%+32.8pp |
| Annual return | 16.08% | 30.90%-14.8pp | 68.23%-52.2pp | 160.62%-144.5pp |
| Employer contribution / active EE | $4,532 | $3,537+28.1% | $4,856-6.7% | $2,670+69.7% |
| Participant deferral / active EE | $7,920 | $6,404+23.7% | $7,758+2.1% | $4,125+92.0% |
| Admin fee / account holder | $5,363 | $6,975-23.1% | $10,762-50.2% | $5,651-5.1% |