Filed December 22, 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 | $238,459 | $100,754+136.7% | $86,677+175.1% | $134,475+77.3% |
| Participation rate | 100.0% | 78.9%+21.1pp | 76.6%+23.4pp | 81.2%+18.8pp |
| Annual return | -1.46% | 29.04%-30.5pp | 35.91%-37.4pp | 417.96%-419.4pp |
| Employer contribution / active EE | $2,214 | $3,489-36.6% | $2,836-22.0% | $4,740-53.3% |
| Participant deferral / active EE | $5,676 | $5,338+6.3% | $4,656+21.9% | $6,400-11.3% |
| Admin fee / account holder | $477 | $10,926-95.6% | $7,493-93.6% | $11,426-95.8% |