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 | $123,120 | $103,376+19.1% | $87,100+41.4% | $152,861-19.5% |
| Participation rate | 83.3% | 79.3%+4.0pp | 76.9%+6.5pp | 82.4%+0.9pp |
| Annual return | 28.50% | 28.10%+0.4pp | 28.19%+0.3pp | 345.32%-316.8pp |
| Employer contribution / active EE | $2,139 | $3,220-33.6% | $2,521-15.2% | $4,762-55.1% |
| Participant deferral / active EE | $3,620 | $4,778-24.2% | $4,049-10.6% | $5,850-38.1% |
| Admin fee / account holder | $11,253 | $12,205-7.8% | $7,497+50.1% | $11,596-3.0% |