Filed April 27, 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 | $92,045 | $105,181-12.5% | $159,436-42.3% | $85,850+7.2% |
| Participation rate | 97.6% | 75.8%+21.8pp | 82.8%+14.7pp | 69.3%+28.2pp |
| Annual return | 32.00% | 45.07%-13.1pp | 263.57%-231.6pp | 318.53%-286.5pp |
| Employer contribution / active EE | $3,758 | $3,318+13.3% | $4,829-22.2% | $2,565+46.5% |
| Participant deferral / active EE | $11,597 | $5,945+95.1% | $7,352+57.7% | $3,952+193.5% |
| Admin fee / account holder | $5,888 | $6,933-15.1% | $10,799-45.5% | $6,260-5.9% |