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 | $69,540 | $45,035+54.4% | $62,995+10.4% | $70,131-0.8% |
| Participation rate | 100.0% | 69.5%+30.5pp | 74.8%+25.2pp | 69.5%+30.5pp |
| Annual return | 15.37% | 18.76%-3.4pp | 87.57%-72.2pp | 73.14%-57.8pp |
| Employer contribution / active EE | $4,126 | $2,051+101.2% | $2,759+49.6% | $2,342+76.2% |
| Participant deferral / active EE | $6,339 | $2,465+157.2% | $3,329+90.4% | $3,332+90.3% |
| Admin fee / account holder | $7,700 | $2,834+171.7% | $3,600+113.9% | $4,645+65.8% |