Filed March 31, 2022
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 | $21,974 | $39,122-43.8% | $57,179-61.6% | $62,891-65.1% |
| Participation rate | 100.0% | 70.5%+29.5pp | 75.3%+24.7pp | 69.3%+30.7pp |
| Annual return | 7.64% | 9.23%-1.6pp | 14.59%-6.9pp | 20.14%-12.5pp |
| Employer contribution / active EE | $1,934 | $1,874+3.2% | $2,682-27.9% | $2,281-15.2% |
| Participant deferral / active EE | $2,452 | $2,374+3.3% | $3,096-20.8% | $3,203-23.4% |
| Admin fee / account holder | $408 | $2,592-84.3% | $3,139-87.0% | $4,296-90.5% |