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 | $142,833 | $83,427+71.2% | $115,756+23.4% | $68,494+108.5% |
| Participation rate | 84.6% | 71.9%+12.7pp | 77.1%+7.5pp | 67.9%+16.7pp |
| Annual return | -17.31% | -10.95%-6.4pp | 143.14%-160.4pp | -7.84%-9.5pp |
| Employer contribution / active EE | $8,343 | $3,075+171.4% | $3,793+120.0% | $2,596+221.4% |
| Participant deferral / active EE | $6,489 | $5,355+21.2% | $6,254+3.8% | $4,027+61.1% |
| Admin fee / account holder | $27,296 | $5,708+378.2% | $8,124+236.0% | $5,403+405.2% |