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 | $64,026 | $82,664-22.5% | $125,339-48.9% | $68,494-6.5% |
| Participation rate | 88.0% | 75.0%+13.0pp | 82.4%+5.6pp | 67.9%+20.1pp |
| Annual return | -12.75% | -5.97%-6.8pp | 572.05%-584.8pp | -7.84%-4.9pp |
| Employer contribution / active EE | $8,912 | $3,381+163.6% | $4,814+85.1% | $2,596+243.2% |
| Participant deferral / active EE | $14,419 | $6,110+136.0% | $7,446+93.6% | $4,027+258.0% |
| Admin fee / account holder | $10,909 | $6,275+73.8% | $10,010+9.0% | $5,403+101.9% |