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 | $160,216 | $78,422+104.3% | $95,952+67.0% | $79,858+100.6% |
| Participation rate | 76.9% | 73.5%+3.4pp | 77.1%-0.2pp | 69.6%+7.3pp |
| Annual return | 30.20% | 19.37%+10.8pp | 91.61%-61.4pp | 31.71%-1.5pp |
| Employer contribution / active EE | $2,337 | $1,945+20.1% | $2,541-8.0% | $2,471-5.4% |
| Participant deferral / active EE | $3,804 | $3,440+10.6% | $4,167-8.7% | $3,740+1.7% |
| Admin fee / account holder | $633 | $5,622-88.7% | $6,795-90.7% | $5,306-88.1% |