Filed April 20, 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 | $132,920 | $76,367+74.1% | $93,606+42.0% | $72,985+82.1% |
| Participation rate | 92.9% | 71.7%+21.1pp | 75.8%+17.0pp | 69.5%+23.4pp |
| Annual return | 83.16% | 25.82%+57.3pp | 32.76%+50.4pp | 81.00%+2.2pp |
| Employer contribution / active EE | $2,988 | $2,275+31.3% | $2,718+9.9% | $2,440+22.5% |
| Participant deferral / active EE | $9,841 | $3,538+178.2% | $4,069+141.9% | $3,607+172.8% |
| Admin fee / account holder | $612 | $6,838-91.0% | $7,888-92.2% | $5,124-88.1% |