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 | $172,841 | $54,229+218.7% | $70,092+146.6% | $68,494+152.3% |
| Participation rate | 95.7% | 64.5%+31.2pp | 70.5%+25.2pp | 67.9%+27.8pp |
| Annual return | -14.13% | -13.87%-0.3pp | 190.73%-204.9pp | -7.84%-6.3pp |
| Employer contribution / active EE | $4,808 | $2,018+138.2% | $2,559+87.9% | $2,596+85.2% |
| Participant deferral / active EE | $9,449 | $2,956+219.7% | $3,849+145.5% | $4,027+134.6% |
| Admin fee / account holder | $4,814 | $4,694+2.6% | $6,267-23.2% | $5,403-10.9% |