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 | $98,125 | $45,073+117.7% | $69,455+41.3% | $72,985+34.4% |
| Participation rate | 95.3% | 68.5%+26.9pp | 74.6%+20.7pp | 69.5%+25.9pp |
| Annual return | 27.70% | 22.65%+5.1pp | 28.97%-1.3pp | 81.00%-53.3pp |
| Employer contribution / active EE | $8,108 | $2,054+294.8% | $2,779+191.8% | $2,440+232.3% |
| Participant deferral / active EE | $14,044 | $2,602+439.8% | $3,535+297.2% | $3,607+289.3% |
| Admin fee / account holder | $6,579 | $3,056+115.3% | $3,839+71.4% | $5,124+28.4% |