Filed May 12, 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 | $189,933 | $58,927+222.3% | $76,817+147.3% | $72,985+160.2% |
| Participation rate | 90.6% | 67.3%+23.3pp | 72.1%+18.5pp | 69.5%+21.1pp |
| Annual return | 40.46% | 2305.64%-2265.2pp | 1166.11%-1125.6pp | 81.00%-40.5pp |
| Employer contribution / active EE | $5,868 | $1,787+228.4% | $2,302+154.9% | $2,440+140.5% |
| Participant deferral / active EE | $10,291 | $2,690+282.5% | $3,336+208.5% | $3,607+185.3% |
| Admin fee / account holder | $1,378 | $4,013-65.7% | $6,420-78.5% | $5,124-73.1% |