Filed December 1, 2021
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 | $46,700 | $89,355-47.7% | $141,162-66.9% | $72,985-36.0% |
| Participation rate | 70.6% | 75.1%-4.5pp | 82.5%-11.9pp | 69.5%+1.1pp |
| Annual return | 20.43% | 111.85%-91.4pp | 71.39%-51.0pp | 81.00%-60.6pp |
| Employer contribution / active EE | $3,935 | $3,114+26.4% | $4,735-16.9% | $2,440+61.3% |
| Participant deferral / active EE | $7,302 | $5,418+34.8% | $6,709+8.8% | $3,607+102.4% |
| Admin fee / account holder | $15,227 | $5,958+155.6% | $10,261+48.4% | $5,124+197.2% |