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 | $84,897 | $49,173+72.7% | $121,098-29.9% | $75,163+13.0% |
| Participation rate | 84.7% | 55.4%+29.3pp | 69.5%+15.2pp | 67.2%+17.5pp |
| Annual return | 17.46% | 55.99%-38.5pp | 985.75%-968.3pp | 160.62%-143.2pp |
| Employer contribution / active EE | $1,911 | $1,546+23.6% | $4,164-54.1% | $2,670-28.4% |
| Participant deferral / active EE | $4,109 | $2,628+56.4% | $4,080+0.7% | $4,125-0.4% |
| Admin fee / account holder | $6,916 | $3,942+75.4% | $5,644+22.5% | $5,651+22.4% |