Filed March 9, 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 | $90,077 | $45,035+100.0% | $62,995+43.0% | $70,131+28.4% |
| Participation rate | 100.0% | 69.5%+30.5pp | 74.8%+25.2pp | 69.5%+30.5pp |
| Annual return | 19.00% | 18.76%+0.2pp | 87.57%-68.6pp | 73.14%-54.1pp |
| Employer contribution / active EE | $8,686 | $2,051+323.4% | $2,759+214.8% | $2,342+270.8% |
| Participant deferral / active EE | $14,760 | $2,465+498.9% | $3,329+343.3% | $3,332+343.0% |
| Admin fee / account holder | $5,999 | $2,834+111.7% | $3,600+66.7% | $4,645+29.1% |