Filed December 13, 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 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 | $62,571 | $57,354+9.1% | $83,848-25.4% | $64,186-2.5% |
| Participation rate | 83.3% | 68.6%+14.7pp | 76.1%+7.2pp | 69.6%+13.8pp |
| Annual return | 2.36% | 11.38%-9.0pp | 850.88%-848.5pp | 7.63%-5.3pp |
| Employer contribution / active EE | $1,321 | $2,545-48.1% | $3,631-63.6% | $2,381-44.5% |
| Participant deferral / active EE | $5,284 | $2,993+76.5% | $4,082+29.5% | $3,470+52.3% |
| Admin fee / account holder | $12,248 | $4,046+202.7% | $5,478+123.6% | $4,888+150.6% |