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 | $84,966 | $53,777+58.0% | $134,143-36.7% | $79,858+6.4% |
| Participation rate | 83.3% | 58.8%+24.6pp | 72.2%+11.2pp | 69.6%+13.7pp |
| Annual return | 13.61% | 19.01%-5.4pp | 36.33%-22.7pp | 31.71%-18.1pp |
| Employer contribution / active EE | $1,411 | $1,321+6.8% | $3,704-61.9% | $2,471-42.9% |
| Participant deferral / active EE | $2,647 | $2,420+9.4% | $3,499-24.4% | $3,740-29.2% |
| Admin fee / account holder | $3,253 | $3,984-18.4% | $6,684-51.3% | $5,306-38.7% |