Filed December 15, 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 | $134,054 | $76,401+75.5% | $106,387+26.0% | $64,186+108.9% |
| Participation rate | 84.0% | 73.5%+10.5pp | 77.5%+6.5pp | 69.6%+14.4pp |
| Annual return | -5.85% | -2.19%-3.7pp | 0.25%-6.1pp | 7.63%-13.5pp |
| Employer contribution / active EE | $738 | $2,680-72.5% | $3,520-79.0% | $2,381-69.0% |
| Participant deferral / active EE | $7,154 | $4,274+67.4% | $5,421+32.0% | $3,470+106.2% |
| Admin fee / account holder | $2,020 | $4,610-56.2% | $7,510-73.1% | $4,888-58.7% |