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 | $53,789 | $46,553+15.5% | $64,056-16.0% | $75,163-28.4% |
| Participation rate | 100.0% | 65.9%+34.1pp | 72.3%+27.7pp | 67.2%+32.8pp |
| Annual return | 17.28% | 26.03%-8.7pp | 33.69%-16.4pp | 160.62%-143.3pp |
| Employer contribution / active EE | $4,709 | $1,974+138.6% | $2,747+71.4% | $2,670+76.4% |
| Participant deferral / active EE | $5,322 | $2,837+87.6% | $3,880+37.2% | $4,125+29.0% |
| Admin fee / account holder | $3,988 | $2,952+35.1% | $3,068+30.0% | $5,651-29.4% |