Filed December 3, 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 | $45,929 | $76,552-40.0% | $123,892-62.9% | $62,891-27.0% |
| Participation rate | 93.4% | 73.0%+20.4pp | 81.4%+12.0pp | 69.3%+24.1pp |
| Annual return | 10.16% | 18.68%-8.5pp | 47.52%-37.4pp | 20.14%-10.0pp |
| Employer contribution / active EE | $2,116 | $2,883-26.6% | $4,617-54.2% | $2,281-7.2% |
| Participant deferral / active EE | $3,655 | $4,840-24.5% | $5,984-38.9% | $3,203+14.1% |
| Admin fee / account holder | $912 | $4,826-81.1% | $8,357-89.1% | $4,296-78.8% |