Filed January 26, 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 | $30,763 | $42,894-28.3% | $60,874-49.5% | $68,494-55.1% |
| Participation rate | 89.7% | 66.8%+22.9pp | 73.1%+16.5pp | 67.9%+21.8pp |
| Annual return | -15.07% | -13.98%-1.1pp | 16.90%-32.0pp | -7.84%-7.2pp |
| Employer contribution / active EE | $0 | $1,978-100.0% | $2,701-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $6,152 | $2,867+114.6% | $3,817+61.2% | $4,027+52.8% |
| Admin fee / account holder | $620 | $3,101-80.0% | $3,224-80.8% | $5,403-88.5% |