Filed March 23, 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 | $131,145 | $114,047+15.0% | $96,139+36.4% | $167,490-21.7% |
| Participation rate | 89.5% | 75.1%+14.4pp | 68.4%+21.0pp | 82.1%+7.4pp |
| Annual return | 9.26% | 189.88%-180.6pp | 191.94%-182.7pp | 478.56%-469.3pp |
| Employer contribution / active EE | $2,756 | $3,427-19.6% | $2,797-1.5% | $4,837-43.0% |
| Participant deferral / active EE | $8,670 | $5,194+66.9% | $4,349+99.4% | $6,341+36.7% |
| Admin fee / account holder | $52,038 | $6,897+654.5% | $5,537+839.8% | $12,309+322.8% |