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 | $225,603 | $63,764+253.8% | $81,930+175.4% | $79,858+182.5% |
| Participation rate | 94.1% | 67.5%+26.6pp | 72.0%+22.1pp | 69.6%+24.5pp |
| Annual return | 20.79% | 22.66%-1.9pp | 29.49%-8.7pp | 31.71%-10.9pp |
| Employer contribution / active EE | $5,693 | $1,795+217.1% | $4,310+32.1% | $2,471+130.4% |
| Participant deferral / active EE | $10,751 | $2,780+286.7% | $7,107+51.3% | $3,740+187.5% |
| Admin fee / account holder | $728 | $4,426-83.6% | $5,158-85.9% | $5,306-86.3% |