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 | $46,226 | $43,327+6.7% | $59,878-22.8% | $64,186-28.0% |
| Participation rate | 100.0% | 69.2%+30.8pp | 74.7%+25.3pp | 69.6%+30.4pp |
| Annual return | 3.27% | -1.55%+4.8pp | 3.46%-0.2pp | 7.63%-4.4pp |
| Employer contribution / active EE | $4,440 | $2,028+118.9% | $2,722+63.1% | $2,381+86.5% |
| Participant deferral / active EE | $5,007 | $2,546+96.7% | $3,402+47.2% | $3,470+44.3% |
| Admin fee / account holder | $4,491 | $3,005+49.4% | $3,590+25.1% | $4,888-8.1% |