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 | $60,851 | $53,822+13.1% | $75,696-19.6% | $85,850-29.1% |
| Participation rate | 96.4% | 69.1%+27.4pp | 74.8%+21.6pp | 69.3%+27.1pp |
| Annual return | 13.05% | 24.54%-11.5pp | 104.53%-91.5pp | 318.53%-305.5pp |
| Employer contribution / active EE | $5,213 | $2,017+158.5% | $2,743+90.1% | $2,565+103.2% |
| Participant deferral / active EE | $6,025 | $2,895+108.1% | $3,821+57.7% | $3,952+52.5% |
| Admin fee / account holder | $11,960 | $3,343+257.8% | $3,619+230.5% | $6,260+91.1% |