Filed April 5, 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 | $36,317 | $40,256-9.8% | $57,343-36.7% | $59,632-39.1% |
| Participation rate | 100.0% | 69.2%+30.8pp | 75.1%+24.9pp | 68.7%+31.3pp |
| Annual return | 0.75% | 27.49%-26.7pp | 24.39%-23.6pp | 2041.28%-2040.5pp |
| Employer contribution / active EE | $4,843 | $1,922+152.0% | $2,689+80.1% | $2,203+119.9% |
| Participant deferral / active EE | $6,317 | $2,399+163.3% | $3,162+99.7% | $3,192+97.9% |
| Admin fee / account holder | $2,839 | $2,818+0.7% | $3,356-15.4% | $4,297-33.9% |