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 | $103,397 | $93,024+11.2% | $77,024+34.2% | $134,475-23.1% |
| Participation rate | 88.2% | 74.5%+13.8pp | 67.9%+20.3pp | 81.2%+7.0pp |
| Annual return | -15.68% | 62.60%-78.3pp | 42.32%-58.0pp | 417.96%-433.6pp |
| Employer contribution / active EE | $3,590 | $3,418+5.0% | $2,812+27.7% | $4,740-24.2% |
| Participant deferral / active EE | $11,809 | $5,238+125.5% | $4,426+166.8% | $6,400+84.5% |
| Admin fee / account holder | $13,981 | $6,944+101.3% | $5,425+157.7% | $11,426+22.4% |