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 | $41,879 | $58,208-28.1% | $81,812-48.8% | $80,856-48.2% |
| Participation rate | 80.3% | 63.4%+16.8pp | 72.3%+7.9pp | 67.6%+12.6pp |
| Annual return | 16.68% | 41.66%-25.0pp | 773.79%-757.1pp | 35.59%-18.9pp |
| Employer contribution / active EE | $2,514 | $2,340+7.4% | $2,912-13.7% | $2,755-8.8% |
| Participant deferral / active EE | $5,396 | $3,281+64.5% | $4,319+25.0% | $4,296+25.6% |
| Admin fee / account holder | $2,194 | $4,981-56.0% | $7,386-70.3% | $6,918-68.3% |