Filed February 14, 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 5-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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $502,004 | $79,633+530.4% | $93,789+435.3% | $68,494+632.9% |
| Participation rate | 97.5% | 75.4%+22.1pp | 81.0%+16.5pp | 67.9%+29.6pp |
| Annual return | 895.29% | -0.10%+895.4pp | -11.33%+906.6pp | -7.84%+903.1pp |
| Employer contribution / active EE | $1,529 | $3,665-58.3% | $4,323-64.6% | $2,596-41.1% |
| Participant deferral / active EE | $0 | $5,158-100.0% | $6,094-100.0% | $4,027-100.0% |
| Admin fee / account holder | $930 | $6,871-86.5% | $7,195-87.1% | $5,403-82.8% |