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 | $102,584 | $102,317+0.3% | $146,958-30.2% | $80,856+26.9% |
| Participation rate | 98.1% | 75.8%+22.2pp | 82.2%+15.9pp | 67.6%+30.4pp |
| Annual return | 15.99% | 134.76%-118.8pp | 418.34%-402.3pp | 35.59%-19.6pp |
| Employer contribution / active EE | $3,884 | $3,713+4.6% | $4,933-21.3% | $2,755+41.0% |
| Participant deferral / active EE | $11,448 | $6,644+72.3% | $8,070+41.9% | $4,296+166.5% |
| Admin fee / account holder | $6,847 | $7,941-13.8% | $12,998-47.3% | $6,918-1.0% |