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 | $71,827 | $46,674+53.9% | $117,472-38.9% | $68,494+4.9% |
| Participation rate | 86.0% | 56.8%+29.3pp | 70.6%+15.5pp | 67.9%+18.2pp |
| Annual return | -17.47% | -14.52%-3.0pp | 29.74%-47.2pp | -7.84%-9.6pp |
| Employer contribution / active EE | $1,713 | $1,505+13.9% | $4,176-59.0% | $2,596-34.0% |
| Participant deferral / active EE | $3,524 | $2,636+33.7% | $4,070-13.4% | $4,027-12.5% |
| Admin fee / account holder | $4,528 | $4,020+12.6% | $5,645-19.8% | $5,403-16.2% |