Filed November 18, 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 8-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 | $183,300 | $82,032+123.4% | $123,104+48.9% | $59,632+207.4% |
| Participation rate | 93.9% | 83.2%+10.7pp | 86.8%+7.2pp | 68.7%+25.3pp |
| Annual return | -0.56% | 5.12%-5.7pp | 13.22%-13.8pp | 2041.28%-2041.8pp |
| Employer contribution / active EE | $3,870 | $3,297+17.4% | $5,151-24.9% | $2,203+75.7% |
| Participant deferral / active EE | $8,921 | $4,667+91.2% | $6,230+43.2% | $3,192+179.5% |
| Admin fee / account holder | $1,789 | $5,881-69.6% | $9,015-80.2% | $4,297-58.4% |