Filed January 10, 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 | $18,144 | $90,503-80.0% | $78,689-76.9% | $273,961-93.4% |
| Participation rate | 100.0% | 76.5%+23.5pp | 73.6%+26.4pp | 83.0%+17.0pp |
| Annual return | 13.53% | 75.60%-62.1pp | 62.18%-48.6pp | 41.45%-27.9pp |
| Employer contribution / active EE | $1,652 | $3,176-48.0% | $2,851-42.0% | $4,869-66.1% |
| Participant deferral / active EE | $2,873 | $3,901-26.4% | $3,517-18.3% | $5,287-45.7% |
| Admin fee / account holder | $2,481 | $5,263-52.9% | $4,510-45.0% | $10,132-75.5% |