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 | $106,749-31.0% | $145,433-49.3% | $82,448-10.6% |
| Participation rate | 78.8% | 75.6%+3.2pp | 82.1%-3.3pp | 68.1%+10.8pp |
| Annual return | 15.81% | 27.59%-11.8pp | 66.58%-50.8pp | 41.64%-25.8pp |
| Employer contribution / active EE | $3,187 | $3,444-7.5% | $4,554-30.0% | $2,551+24.9% |
| Participant deferral / active EE | $5,662 | $6,519-13.1% | $7,897-28.3% | $4,139+36.8% |
| Admin fee / account holder | $11,523 | $8,390+37.3% | $13,129-12.2% | $7,234+59.3% |