Filed January 3, 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 | $72,493 | $48,076+50.8% | $78,689-7.9% | $62,891+15.3% |
| Participation rate | 100.0% | 65.2%+34.8pp | 73.6%+26.4pp | 69.3%+30.7pp |
| Annual return | 6.59% | 31.35%-24.8pp | 62.18%-55.6pp | 20.14%-13.6pp |
| Employer contribution / active EE | $5,816 | $2,015+188.7% | $2,851+104.0% | $2,281+155.0% |
| Participant deferral / active EE | $3,331 | $2,588+28.7% | $3,517-5.3% | $3,203+4.0% |
| Admin fee / account holder | $16,707 | $3,207+420.9% | $4,510+270.4% | $4,296+288.9% |