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 | $206,510 | $59,101+249.4% | $77,163+167.6% | $75,163+174.7% |
| Participation rate | 95.6% | 63.9%+31.7pp | 69.6%+26.0pp | 67.2%+28.4pp |
| Annual return | 20.19% | 26.71%-6.5pp | 37.87%-17.7pp | 160.62%-140.4pp |
| Employer contribution / active EE | $5,599 | $1,995+180.6% | $2,535+120.9% | $2,670+109.7% |
| Participant deferral / active EE | $11,502 | $2,999+283.5% | $3,833+200.0% | $4,125+178.8% |
| Admin fee / account holder | $8,660 | $4,774+81.4% | $5,472+58.3% | $5,651+53.3% |