Filed May 31, 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 | $128,639 | $54,762+134.9% | $90,281+42.5% | $72,985+76.3% |
| Participation rate | 93.5% | 65.1%+28.4pp | 73.3%+20.3pp | 69.5%+24.1pp |
| Annual return | 18.56% | 30.63%-12.1pp | 78.10%-59.5pp | 81.00%-62.4pp |
| Employer contribution / active EE | $2,597 | $2,092+24.1% | $2,854-9.0% | $2,440+6.4% |
| Participant deferral / active EE | $3,130 | $2,887+8.4% | $3,885-19.4% | $3,607-13.2% |
| Admin fee / account holder | $10,913 | $3,972+174.7% | $5,351+103.9% | $5,124+113.0% |