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 | $57,494 | $98,750-41.8% | $149,696-61.6% | $79,858-28.0% |
| Participation rate | 72.2% | 75.8%-3.6pp | 82.5%-10.3pp | 69.6%+2.6pp |
| Annual return | 18.58% | 27.43%-8.8pp | 276.60%-258.0pp | 31.71%-13.1pp |
| Employer contribution / active EE | $3,116 | $3,216-3.1% | $4,644-32.9% | $2,471+26.1% |
| Participant deferral / active EE | $5,280 | $5,680-7.0% | $6,842-22.8% | $3,740+41.2% |
| Admin fee / account holder | $2,571 | $6,053-57.5% | $9,309-72.4% | $5,306-51.5% |