Filed March 6, 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 | $24,425 | $65,365-62.6% | $92,893-73.7% | $72,985-66.5% |
| Participation rate | 97.2% | 68.3%+28.9pp | 76.0%+21.2pp | 69.5%+27.7pp |
| Annual return | 24.62% | 42.10%-17.5pp | 109.41%-84.8pp | 81.00%-56.4pp |
| Employer contribution / active EE | $2,754 | $2,594+6.1% | $3,653-24.6% | $2,440+12.9% |
| Participant deferral / active EE | $4,447 | $3,128+42.2% | $4,236+5.0% | $3,607+23.3% |
| Admin fee / account holder | $4,499 | $4,251+5.8% | $5,794-22.3% | $5,124-12.2% |