Filed November 9, 2021
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 | $172,196 | $78,705+118.8% | $117,854+46.1% | $70,131+145.5% |
| Participation rate | 100.0% | 73.2%+26.8pp | 79.7%+20.3pp | 69.5%+30.5pp |
| Annual return | 22.13% | 23.30%-1.2pp | 335.08%-312.9pp | 73.14%-51.0pp |
| Employer contribution / active EE | $8,746 | $2,223+293.4% | $3,786+131.0% | $2,342+273.4% |
| Participant deferral / active EE | $10,469 | $3,297+217.5% | $4,482+133.6% | $3,332+214.2% |
| Admin fee / account holder | $4,495 | $5,065-11.3% | $8,020-43.9% | $4,645-3.2% |