Filed May 11, 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 | $63,141 | $78,705-19.8% | $117,854-46.4% | $70,131-10.0% |
| Participation rate | 77.4% | 73.2%+4.2pp | 79.7%-2.3pp | 69.5%+7.8pp |
| Annual return | 15.06% | 23.30%-8.2pp | 335.08%-320.0pp | 73.14%-58.1pp |
| Employer contribution / active EE | $917 | $2,223-58.7% | $3,786-75.8% | $2,342-60.8% |
| Participant deferral / active EE | $2,264 | $3,297-31.3% | $4,482-49.5% | $3,332-32.1% |
| Admin fee / account holder | $727 | $5,065-85.7% | $8,020-90.9% | $4,645-84.4% |