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 | $173,884 | $81,208+114.1% | $98,907+75.8% | $79,858+117.7% |
| Participation rate | 90.3% | 72.5%+17.8pp | 76.0%+14.3pp | 69.6%+20.7pp |
| Annual return | 26.33% | 60.99%-34.7pp | 196.43%-170.1pp | 31.71%-5.4pp |
| Employer contribution / active EE | $9,109 | $1,960+364.8% | $2,689+238.7% | $2,471+268.6% |
| Participant deferral / active EE | $10,624 | $3,265+225.4% | $4,244+150.3% | $3,740+184.1% |
| Admin fee / account holder | $2,935 | $6,013-51.2% | $6,642-55.8% | $5,306-44.7% |