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 | $104,781 | $51,576+103.2% | $129,207-18.9% | $80,856+29.6% |
| Participation rate | 84.7% | 57.0%+27.7pp | 69.6%+15.1pp | 67.6%+17.1pp |
| Annual return | 13.78% | 20.81%-7.0pp | 9417.33%-9403.5pp | 35.59%-21.8pp |
| Employer contribution / active EE | $1,686 | $1,584+6.5% | $4,153-59.4% | $2,755-38.8% |
| Participant deferral / active EE | $4,239 | $2,669+58.9% | $4,168+1.7% | $4,296-1.3% |
| Admin fee / account holder | $5,248 | $4,305+21.9% | $7,715-32.0% | $6,918-24.1% |