Filed May 26, 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 | $106,800 | $48,795+118.9% | $65,493+63.1% | $84,808+25.9% |
| Participation rate | 100.0% | 67.0%+33.0pp | 73.1%+26.9pp | 68.3%+31.7pp |
| Annual return | 13.53% | 20.20%-6.7pp | 982.45%-968.9pp | 40.90%-27.4pp |
| Employer contribution / active EE | $5,232 | $1,930+171.1% | $2,574+103.2% | $2,631+98.9% |
| Participant deferral / active EE | $6,068 | $2,928+107.2% | $3,961+53.2% | $4,212+44.1% |
| Admin fee / account holder | $23,547 | $3,877+507.3% | $5,028+368.3% | $7,344+220.6% |