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 | $180,014 | $90,745+98.4% | $130,231+38.2% | $75,163+139.5% |
| Participation rate | 87.7% | 71.1%+16.7pp | 76.3%+11.4pp | 67.2%+20.5pp |
| Annual return | 15.93% | 34.45%-18.5pp | 38.77%-22.8pp | 160.62%-144.7pp |
| Employer contribution / active EE | $723 | $3,314-78.2% | $4,126-82.5% | $2,670-72.9% |
| Participant deferral / active EE | $9,578 | $5,362+78.6% | $6,799+40.9% | $4,125+132.2% |
| Admin fee / account holder | $1,889 | $6,331-70.2% | $6,020-68.6% | $5,651-66.6% |