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 | $220,758 | $96,128+129.7% | $136,007+62.3% | $80,856+173.0% |
| Participation rate | 87.3% | 71.2%+16.0pp | 76.5%+10.8pp | 67.6%+19.6pp |
| Annual return | 13.29% | 28.71%-15.4pp | 579.32%-566.0pp | 35.59%-22.3pp |
| Employer contribution / active EE | $762 | $3,351-77.3% | $4,217-81.9% | $2,755-72.3% |
| Participant deferral / active EE | $11,796 | $5,709+106.6% | $7,025+67.9% | $4,296+174.6% |
| Admin fee / account holder | $2,811 | $8,236-65.9% | $6,858-59.0% | $6,918-59.4% |