Filed December 29, 2021
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 | $194,295 | $102,605+89.4% | $145,661+33.4% | $84,808+129.1% |
| Participation rate | 81.5% | 74.3%+7.2pp | 77.2%+4.3pp | 68.3%+13.2pp |
| Annual return | 16.58% | 26.50%-9.9pp | 101.46%-84.9pp | 40.90%-24.3pp |
| Employer contribution / active EE | $4,886 | $3,325+46.9% | $4,238+15.3% | $2,631+85.7% |
| Participant deferral / active EE | $6,000 | $5,750+4.3% | $7,198-16.6% | $4,212+42.5% |
| Admin fee / account holder | $12,108 | $8,758+38.3% | $12,466-2.9% | $7,344+64.9% |