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 | $84,364 | $53,127+58.8% | $86,590-2.6% | $70,131+20.3% |
| Participation rate | 100.0% | 65.3%+34.7pp | 73.5%+26.5pp | 69.5%+30.5pp |
| Annual return | 15.23% | 27.66%-12.4pp | 964.84%-949.6pp | 73.14%-57.9pp |
| Employer contribution / active EE | $6,207 | $2,068+200.1% | $2,839+118.6% | $2,342+165.0% |
| Participant deferral / active EE | $3,835 | $2,696+42.3% | $3,609+6.3% | $3,332+15.1% |
| Admin fee / account holder | $2,240 | $3,585-37.5% | $4,906-54.3% | $4,645-51.8% |