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 | $51,194 | $67,331-24.0% | $60,874-15.9% | $134,475-61.9% |
| Participation rate | 100.0% | 76.2%+23.8pp | 73.1%+26.9pp | 81.2%+18.8pp |
| Annual return | -15.50% | 49.93%-65.4pp | 16.90%-32.4pp | 417.96%-433.5pp |
| Employer contribution / active EE | $6,040 | $3,096+95.1% | $2,701+123.6% | $4,740+27.4% |
| Participant deferral / active EE | $6,855 | $4,538+51.1% | $3,817+79.6% | $6,400+7.1% |
| Admin fee / account holder | $2,457 | $4,582-46.4% | $3,224-23.8% | $11,426-78.5% |