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 | $57,025 | $109,817-48.1% | $98,442-42.1% | $167,490-66.0% |
| Participation rate | 100.0% | 75.8%+24.2pp | 73.3%+26.7pp | 82.1%+17.9pp |
| Annual return | 12.17% | 1956.69%-1944.5pp | 1492.73%-1480.6pp | 478.56%-466.4pp |
| Employer contribution / active EE | $4,751 | $3,224+47.4% | $2,960+60.5% | $4,837-1.8% |
| Participant deferral / active EE | $8,729 | $4,673+86.8% | $4,276+104.1% | $6,341+37.6% |
| Admin fee / account holder | $830 | $6,753-87.7% | $5,949-86.0% | $12,309-93.3% |