Filed May 18, 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 | $46,629 | $60,124-22.4% | $90,404-48.4% | $79,858-41.6% |
| Participation rate | 85.4% | 65.0%+20.4pp | 72.7%+12.7pp | 69.6%+15.8pp |
| Annual return | 12.69% | 71.94%-59.3pp | 1293.02%-1280.3pp | 31.71%-19.0pp |
| Employer contribution / active EE | $1,122 | $2,068-45.7% | $3,262-65.6% | $2,471-54.6% |
| Participant deferral / active EE | $2,646 | $2,938-9.9% | $3,963-33.2% | $3,740-29.3% |
| Admin fee / account holder | $3,391 | $3,976-14.7% | $5,611-39.6% | $5,306-36.1% |