Filed January 21, 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 | $16,100 | $53,127-69.7% | $86,590-81.4% | $70,131-77.0% |
| Participation rate | 75.9% | 65.3%+10.6pp | 73.5%+2.3pp | 69.5%+6.3pp |
| Annual return | 18.60% | 27.66%-9.1pp | 964.84%-946.2pp | 73.14%-54.5pp |
| Employer contribution / active EE | $2,453 | $2,068+18.6% | $2,839-13.6% | $2,342+4.7% |
| Participant deferral / active EE | $3,020 | $2,696+12.0% | $3,609-16.3% | $3,332-9.4% |
| Admin fee / account holder | $2,572 | $3,585-28.3% | $4,906-47.6% | $4,645-44.6% |