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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $158,214 | $91,019+73.8% | $392,568-59.7% | $72,985+116.8% |
| Participation rate | 79.2% | 74.4%+4.9pp | 78.1%+1.2pp | 69.5%+9.8pp |
| Annual return | 20.62% | 20.00%+0.6pp | 24.42%-3.8pp | 81.00%-60.4pp |
| Employer contribution / active EE | $705 | $2,751-74.4% | $3,783-81.4% | $2,440-71.1% |
| Participant deferral / active EE | $7,846 | $4,570+71.7% | $5,985+31.1% | $3,607+117.5% |
| Admin fee / account holder | $12,215 | $4,895+149.6% | $6,260+95.1% | $5,124+138.4% |