Filed February 23, 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 | $119,176 | $146,267-18.5% | $197,124-39.5% | $82,448+44.5% |
| Participation rate | 93.7% | 84.0%+9.6pp | 86.7%+6.9pp | 68.1%+25.6pp |
| Annual return | 21.13% | 29.61%-8.5pp | 44.34%-23.2pp | 41.64%-20.5pp |
| Employer contribution / active EE | $3,893 | $4,723-17.6% | $6,227-37.5% | $2,551+52.6% |
| Participant deferral / active EE | $5,608 | $7,035-20.3% | $9,135-38.6% | $4,139+35.5% |
| Admin fee / account holder | $1,908 | $14,422-86.8% | $16,298-88.3% | $7,234-73.6% |