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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $310,847 | $72,277+330.1% | $101,248+207.0% | $79,858+289.3% |
| Participation rate | 94.5% | 68.5%+26.1pp | 75.8%+18.7pp | 69.6%+24.9pp |
| Annual return | 17.02% | 22.30%-5.3pp | 46.47%-29.5pp | 31.71%-14.7pp |
| Employer contribution / active EE | $5,426 | $2,692+101.6% | $3,660+48.3% | $2,471+119.6% |
| Participant deferral / active EE | $7,751 | $3,282+136.2% | $4,370+77.4% | $3,740+107.3% |
| Admin fee / account holder | $5,798 | $4,400+31.8% | $5,945-2.5% | $5,306+9.3% |