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 | $145,512 | $96,305+51.1% | $80,569+80.6% | $139,434+4.4% |
| Participation rate | 84.6% | 73.6%+11.0pp | 67.0%+17.6pp | 80.3%+4.3pp |
| Annual return | 17.93% | 1350.08%-1332.2pp | 935.43%-917.5pp | 372.94%-355.0pp |
| Employer contribution / active EE | $5,919 | $3,262+81.4% | $2,723+117.3% | $4,751+24.6% |
| Participant deferral / active EE | $20,923 | $5,232+299.9% | $4,447+370.4% | $6,710+211.8% |
| Admin fee / account holder | $3,129 | $6,599-52.6% | $5,377-41.8% | $11,403-72.6% |