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 | $187,173 | $73,004+156.4% | $90,749+106.3% | $68,494+173.3% |
| Participation rate | 84.8% | 70.8%+14.0pp | 75.7%+9.2pp | 67.9%+17.0pp |
| Annual return | -15.75% | -13.81%-1.9pp | -12.16%-3.6pp | -7.84%-7.9pp |
| Employer contribution / active EE | $9,447 | $2,193+330.8% | $2,921+223.4% | $2,596+263.9% |
| Participant deferral / active EE | $9,759 | $3,627+169.1% | $4,564+113.8% | $4,027+142.3% |
| Admin fee / account holder | $4,295 | $5,896-27.1% | $8,445-49.1% | $5,403-20.5% |