Filed April 6, 2022
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 | $118,076 | $93,571+26.2% | $135,903-13.1% | $75,163+57.1% |
| Participation rate | 92.1% | 75.2%+17.0pp | 81.9%+10.2pp | 67.2%+24.9pp |
| Annual return | 19.26% | 30.90%-11.6pp | 68.23%-49.0pp | 160.62%-141.4pp |
| Employer contribution / active EE | $2,391 | $3,537-32.4% | $4,856-50.8% | $2,670-10.5% |
| Participant deferral / active EE | $5,373 | $6,404-16.1% | $7,758-30.7% | $4,125+30.3% |
| Admin fee / account holder | $17,273 | $6,975+147.6% | $10,762+60.5% | $5,651+205.7% |