Filed February 25, 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 6-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 | $43,371 | $96,635-55.1% | $86,612-49.9% | $139,434-68.9% |
| Participation rate | 100.0% | 74.4%+25.6pp | 71.7%+28.3pp | 80.3%+19.7pp |
| Annual return | 21.09% | 106.41%-85.3pp | 591.07%-570.0pp | 372.94%-351.9pp |
| Employer contribution / active EE | $5,807 | $3,263+78.0% | $3,022+92.1% | $4,751+22.2% |
| Participant deferral / active EE | $5,303 | $4,836+9.7% | $4,438+19.5% | $6,710-21.0% |
| Admin fee / account holder | $937 | $6,408-85.4% | $5,614-83.3% | $11,403-91.8% |