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 | $206,975 | $101,883+103.1% | $453,369-54.3% | $85,850+141.1% |
| Participation rate | 81.1% | 72.3%+8.8pp | 78.0%+3.1pp | 69.3%+11.8pp |
| Annual return | 13.60% | 25.38%-11.8pp | 64.40%-50.8pp | 318.53%-304.9pp |
| Employer contribution / active EE | $727 | $2,847-74.5% | $4,070-82.1% | $2,565-71.6% |
| Participant deferral / active EE | $11,585 | $4,782+142.3% | $6,209+86.6% | $3,952+193.2% |
| Admin fee / account holder | $4,929 | $5,706-13.6% | $11,209-56.0% | $6,260-21.3% |