Filed March 28, 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 9-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 | $35,574 | $73,933-51.9% | $96,683-63.2% | $75,163-52.7% |
| Participation rate | 85.7% | 66.4%+19.3pp | 74.3%+11.4pp | 67.2%+18.5pp |
| Annual return | 88.85% | 26.70%+62.1pp | 35.69%+53.2pp | 160.62%-71.8pp |
| Employer contribution / active EE | $2,473 | $2,928-15.5% | $3,737-33.8% | $2,670-7.4% |
| Participant deferral / active EE | $5,864 | $3,659+60.3% | $4,878+20.2% | $4,125+42.2% |
| Admin fee / account holder | $2,228 | $5,216-57.3% | $6,730-66.9% | $5,651-60.6% |