Filed April 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 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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $47,786 | $150,440-68.2% | $136,294-64.9% | $147,584-67.6% |
| Participation rate | 55.6% | 84.4%-28.9pp | 81.9%-26.4pp | 82.8%-27.3pp |
| Annual return | 27.31% | 1049.08%-1021.8pp | 5155.94%-5128.6pp | 578.55%-551.2pp |
| Employer contribution / active EE | $2,196 | $5,256-58.2% | $4,695-53.2% | $4,876-55.0% |
| Participant deferral / active EE | $5,878 | $6,630-11.4% | $6,247-5.9% | $5,439+8.1% |
| Admin fee / account holder | $694 | $10,905-93.6% | $9,243-92.5% | $10,885-93.6% |