Filed March 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 9-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 | $43,936 | $67,606-35.0% | $82,313-46.6% | $70,131-37.4% |
| Participation rate | 94.5% | 72.8%+21.8pp | 76.9%+17.7pp | 69.5%+25.0pp |
| Annual return | 15.87% | 21.57%-5.7pp | 25.88%-10.0pp | 73.14%-57.3pp |
| Employer contribution / active EE | $1,623 | $1,755-7.5% | $2,428-33.2% | $2,342-30.7% |
| Participant deferral / active EE | $2,614 | $2,987-12.5% | $3,706-29.5% | $3,332-21.5% |
| Admin fee / account holder | $4,362 | $4,512-3.3% | $5,608-22.2% | $4,645-6.1% |