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 | $58,950 | $48,230+22.2% | $67,502-12.7% | $80,856-27.1% |
| Participation rate | 97.1% | 66.4%+30.8pp | 72.9%+24.3pp | 67.6%+29.5pp |
| Annual return | 14.26% | 18.28%-4.0pp | 3512.12%-3497.9pp | 35.59%-21.3pp |
| Employer contribution / active EE | $5,055 | $2,020+150.3% | $2,731+85.1% | $2,755+83.5% |
| Participant deferral / active EE | $5,127 | $2,924+75.4% | $4,000+28.2% | $4,296+19.4% |
| Admin fee / account holder | $3,921 | $3,681+6.5% | $3,998-1.9% | $6,918-43.3% |