Filed May 12, 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 | $67,892 | $48,795+39.1% | $65,493+3.7% | $84,808-19.9% |
| Participation rate | 75.7% | 67.0%+8.7pp | 73.1%+2.6pp | 68.3%+7.4pp |
| Annual return | 13.49% | 20.20%-6.7pp | 982.45%-969.0pp | 40.90%-27.4pp |
| Employer contribution / active EE | $3,849 | $1,930+99.4% | $2,574+49.5% | $2,631+46.3% |
| Participant deferral / active EE | $4,931 | $2,928+68.4% | $3,961+24.5% | $4,212+17.1% |
| Admin fee / account holder | $3,268 | $3,877-15.7% | $5,028-35.0% | $7,344-55.5% |