Filed March 24, 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 | $69,412 | $48,570+42.9% | $130,648-46.9% | $72,985-4.9% |
| Participation rate | 88.2% | 58.6%+29.7pp | 71.7%+16.5pp | 69.5%+18.7pp |
| Annual return | 20.80% | 38.63%-17.8pp | 1708.96%-1688.2pp | 81.00%-60.2pp |
| Employer contribution / active EE | $1,537 | $1,334+15.2% | $4,092-62.4% | $2,440-37.0% |
| Participant deferral / active EE | $2,624 | $2,384+10.1% | $3,603-27.2% | $3,607-27.2% |
| Admin fee / account holder | $7,760 | $3,549+118.7% | $5,464+42.0% | $5,124+51.4% |