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 | $108,825-13.9% | $156,181-40.0% | $82,448+13.6% |
| Participation rate | 98.6% | 72.4%+26.2pp | 78.8%+19.8pp | 68.1%+30.5pp |
| Annual return | 16.04% | 20.59%-4.5pp | 64.87%-48.8pp | 41.64%-25.6pp |
| Employer contribution / active EE | $4,730 | $2,870+64.8% | $4,294+10.2% | $2,551+85.4% |
| Participant deferral / active EE | $7,200 | $4,577+57.3% | $6,132+17.4% | $4,139+73.9% |
| Admin fee / account holder | $22,335 | $9,341+139.1% | $14,586+53.1% | $7,234+208.7% |