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 | $124,166 | $49,227+152.2% | $70,449+76.2% | $79,858+55.5% |
| Participation rate | 95.7% | 69.2%+26.5pp | 75.1%+20.6pp | 69.6%+26.0pp |
| Annual return | 22.93% | 30.06%-7.1pp | 109.03%-86.1pp | 31.71%-8.8pp |
| Employer contribution / active EE | $7,232 | $2,099+244.6% | $2,737+164.3% | $2,471+192.7% |
| Participant deferral / active EE | $12,942 | $2,768+367.6% | $3,709+249.0% | $3,740+246.0% |
| Admin fee / account holder | $3,024 | $2,878+5.1% | $3,845-21.4% | $5,306-43.0% |