Filed June 7, 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 | $68,346 | $102,966-33.6% | $90,281-24.3% | $152,861-55.3% |
| Participation rate | 100.0% | 75.9%+24.1pp | 73.3%+26.7pp | 82.4%+17.6pp |
| Annual return | 22.92% | 95.16%-72.2pp | 78.10%-55.2pp | 345.32%-322.4pp |
| Employer contribution / active EE | $9,383 | $3,139+198.9% | $2,854+228.7% | $4,762+97.0% |
| Participant deferral / active EE | $8,335 | $4,281+94.7% | $3,885+114.5% | $5,850+42.5% |
| Admin fee / account holder | $9,360 | $6,171+51.7% | $5,351+74.9% | $11,596-19.3% |