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 | $165,215 | $68,719+140.4% | $91,541+80.5% | $84,808+94.8% |
| Participation rate | 93.5% | 64.5%+29.0pp | 69.8%+23.7pp | 68.3%+25.2pp |
| Annual return | 15.64% | 19.12%-3.5pp | 20.50%-4.9pp | 40.90%-25.3pp |
| Employer contribution / active EE | $5,010 | $1,920+161.0% | $2,505+100.0% | $2,631+90.4% |
| Participant deferral / active EE | $9,927 | $3,136+216.6% | $4,008+147.7% | $4,212+135.7% |
| Admin fee / account holder | $25,398 | $5,786+338.9% | $6,956+265.1% | $7,344+245.8% |