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 | $107,026 | $42,894+149.5% | $60,874+75.8% | $68,494+56.3% |
| Participation rate | 87.3% | 66.8%+20.5pp | 73.1%+14.2pp | 67.9%+19.4pp |
| Annual return | -15.71% | -13.98%-1.7pp | 16.90%-32.6pp | -7.84%-7.9pp |
| Employer contribution / active EE | $6,724 | $1,978+239.9% | $2,701+148.9% | $2,596+159.0% |
| Participant deferral / active EE | $12,535 | $2,867+337.3% | $3,817+228.4% | $4,027+211.3% |
| Admin fee / account holder | $3,237 | $3,101+4.4% | $3,224+0.4% | $5,403-40.1% |