Filed April 18, 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 | $17,053 | $84,527-79.8% | $67,711-74.8% | $125,391-86.4% |
| Participation rate | 100.0% | 74.8%+25.2pp | 67.5%+32.5pp | 83.2%+16.8pp |
| Annual return | -1.05% | 2.57%-3.6pp | 25.41%-26.5pp | 282.22%-283.3pp |
| Employer contribution / active EE | $3,926 | $3,292+19.3% | $2,559+53.4% | $4,866-19.3% |
| Participant deferral / active EE | $8,143 | $4,429+83.8% | $3,585+127.1% | $5,352+52.2% |
| Admin fee / account holder | $1,528 | $5,340-71.4% | $4,255-64.1% | $9,540-84.0% |