Filed March 9, 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 | $93,673 | $109,413-14.4% | $156,263-40.1% | $84,808+10.5% |
| Participation rate | 98.6% | 72.7%+25.9pp | 78.9%+19.7pp | 68.3%+30.3pp |
| Annual return | 16.04% | 20.18%-4.1pp | 59.47%-43.4pp | 40.90%-24.9pp |
| Employer contribution / active EE | $4,730 | $2,907+62.7% | $4,333+9.2% | $2,631+79.8% |
| Participant deferral / active EE | $7,200 | $4,590+56.9% | $6,158+16.9% | $4,212+71.0% |
| Admin fee / account holder | $22,335 | $9,357+138.7% | $14,255+56.7% | $7,344+204.1% |