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 | $47,479+124.9% | $62,929+69.7% | $82,448+29.5% |
| Participation rate | 100.0% | 66.9%+33.1pp | 73.1%+26.9pp | 68.1%+31.9pp |
| Annual return | 13.53% | 20.34%-6.8pp | 1063.93%-1050.4pp | 41.64%-28.1pp |
| Employer contribution / active EE | $5,232 | $1,885+177.5% | $2,505+108.9% | $2,551+105.1% |
| Participant deferral / active EE | $6,068 | $2,870+111.4% | $3,888+56.1% | $4,139+46.6% |
| Admin fee / account holder | $23,547 | $3,804+519.0% | $5,065+364.9% | $7,234+225.5% |