Filed June 10, 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 | $201,828 | $138,065+46.2% | $123,544+63.4% | $135,375+49.1% |
| Participation rate | 91.7% | 84.7%+6.9pp | 82.3%+9.4pp | 82.6%+9.0pp |
| Annual return | -5.69% | 153.68%-159.4pp | 119.20%-124.9pp | 519.73%-525.4pp |
| Employer contribution / active EE | $4,558 | $5,151-11.5% | $4,628-1.5% | $4,779-4.6% |
| Participant deferral / active EE | $9,517 | $6,799+40.0% | $6,426+48.1% | $5,609+69.7% |
| Admin fee / account holder | $883 | $10,916-91.9% | $9,284-90.5% | $10,827-91.8% |