Filed April 22, 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 | $73,685 | $109,881-32.9% | $150,045-50.9% | $84,808-13.1% |
| Participation rate | 78.8% | 76.1%+2.7pp | 82.3%-3.5pp | 68.3%+10.5pp |
| Annual return | 15.81% | 28.25%-12.4pp | 62.55%-46.7pp | 40.90%-25.1pp |
| Employer contribution / active EE | $3,187 | $3,561-10.5% | $4,693-32.1% | $2,631+21.1% |
| Participant deferral / active EE | $5,662 | $6,636-14.7% | $7,997-29.2% | $4,212+34.4% |
| Admin fee / account holder | $11,523 | $8,568+34.5% | $13,435-14.2% | $7,344+56.9% |