Filed April 27, 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 | $238,457 | $57,354+315.8% | $83,848+184.4% | $64,186+271.5% |
| Participation rate | 100.0% | 68.6%+31.4pp | 76.1%+23.9pp | 69.6%+30.4pp |
| Annual return | -6.04% | 11.38%-17.4pp | 850.88%-856.9pp | 7.63%-13.7pp |
| Employer contribution / active EE | $7,586 | $2,545+198.0% | $3,631+108.9% | $2,381+218.6% |
| Participant deferral / active EE | $9,783 | $2,993+226.8% | $4,082+139.7% | $3,470+182.0% |
| Admin fee / account holder | $25,947 | $4,046+541.4% | $5,478+373.6% | $4,888+430.8% |