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 | $193,829 | $95,762+102.4% | $379,746-49.0% | $79,858+142.7% |
| Participation rate | 74.5% | 74.0%+0.5pp | 78.4%-3.9pp | 69.6%+4.9pp |
| Annual return | 13.01% | 18.26%-5.3pp | 34.90%-21.9pp | 31.71%-18.7pp |
| Employer contribution / active EE | $728 | $2,695-73.0% | $3,540-79.4% | $2,471-70.5% |
| Participant deferral / active EE | $7,898 | $4,705+67.9% | $6,024+31.1% | $3,740+111.2% |
| Admin fee / account holder | $4,913 | $6,745-27.2% | $7,927-38.0% | $5,306-7.4% |