Filed December 28, 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 | $78,976 | $60,349+30.9% | $74,183+6.5% | $62,891+25.6% |
| Participation rate | 80.0% | 72.7%+7.3pp | 76.6%+3.4pp | 69.3%+10.7pp |
| Annual return | 8.40% | 21.37%-13.0pp | 17.74%-9.3pp | 20.14%-11.7pp |
| Employer contribution / active EE | $2,359 | $1,680+40.4% | $2,370-0.4% | $2,281+3.4% |
| Participant deferral / active EE | $3,799 | $2,856+33.0% | $3,550+7.0% | $3,203+18.6% |
| Admin fee / account holder | $1,088 | $4,261-74.5% | $5,586-80.5% | $4,296-74.7% |