Filed January 17, 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 | $112,279 | $33,120+239.0% | $40,757+175.5% | $59,632+88.3% |
| Participation rate | 96.7% | 70.7%+26.0pp | 79.3%+17.4pp | 68.7%+28.0pp |
| Annual return | 0.39% | 1.43%-1.0pp | -0.50%+0.9pp | 2041.28%-2040.9pp |
| Employer contribution / active EE | $6,246 | $2,119+194.8% | $3,004+107.9% | $2,203+183.6% |
| Participant deferral / active EE | $8,456 | $2,513+236.5% | $3,485+142.7% | $3,192+164.9% |
| Admin fee / account holder | $1,490 | $2,449-39.2% | $4,272-65.1% | $4,297-65.3% |