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 | $164,485 | $60,124+173.6% | $90,404+81.9% | $79,858+106.0% |
| Participation rate | 100.0% | 65.0%+35.0pp | 72.7%+27.3pp | 69.6%+30.4pp |
| Annual return | 28.05% | 71.94%-43.9pp | 1293.02%-1265.0pp | 31.71%-3.7pp |
| Employer contribution / active EE | $2,837 | $2,068+37.2% | $3,262-13.0% | $2,471+14.8% |
| Participant deferral / active EE | $3,070 | $2,938+4.5% | $3,963-22.5% | $3,740-17.9% |
| Admin fee / account holder | $639 | $3,976-83.9% | $5,611-88.6% | $5,306-88.0% |