Filed February 8, 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 | $42,620 | $185,822-77.1% | $169,993-74.9% | $139,434-69.4% |
| Participation rate | 78.6% | 87.8%-9.2pp | 87.0%-8.4pp | 80.3%-1.7pp |
| Annual return | 25.43% | 60.50%-35.1pp | 53.37%-27.9pp | 372.94%-347.5pp |
| Employer contribution / active EE | $5,011 | $7,590-34.0% | $6,785-26.1% | $4,751+5.5% |
| Participant deferral / active EE | $8,263 | $11,622-28.9% | $10,408-20.6% | $6,710+23.1% |
| Admin fee / account holder | $954 | $15,381-93.8% | $12,815-92.6% | $11,403-91.6% |