Filed November 18, 2021
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 | $44,442 | $153,772-71.1% | $133,980-66.8% | $273,961-83.8% |
| Participation rate | 91.7% | 88.4%+3.3pp | 87.1%+4.6pp | 83.0%+8.7pp |
| Annual return | 4.06% | 36.51%-32.5pp | 29.30%-25.2pp | 41.45%-37.4pp |
| Employer contribution / active EE | $1,970 | $6,029-67.3% | $5,211-62.2% | $4,869-59.5% |
| Participant deferral / active EE | $4,135 | $6,958-40.6% | $6,282-34.2% | $5,287-21.8% |
| Admin fee / account holder | $13,197 | $11,765+12.2% | $9,324+41.5% | $10,132+30.3% |