Filed November 30, 2021
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 | $100,597 | $67,331+49.4% | $60,874+65.3% | $134,475-25.2% |
| Participation rate | 92.3% | 76.2%+16.1pp | 73.1%+19.2pp | 81.2%+11.1pp |
| Annual return | -17.75% | 49.93%-67.7pp | 16.90%-34.6pp | 417.96%-435.7pp |
| Employer contribution / active EE | $0 | $3,096-100.0% | $2,701-100.0% | $4,740-100.0% |
| Participant deferral / active EE | $7,912 | $4,538+74.3% | $3,817+107.3% | $6,400+23.6% |
| Admin fee / account holder | $6,196 | $4,582+35.2% | $3,224+92.2% | $11,426-45.8% |