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 | $198,254 | $87,841+125.7% | $133,980+48.0% | $62,891+215.2% |
| Participation rate | 97.0% | 83.4%+13.6pp | 87.1%+9.9pp | 69.3%+27.7pp |
| Annual return | 7.91% | 12.05%-4.1pp | 29.30%-21.4pp | 20.14%-12.2pp |
| Employer contribution / active EE | $4,127 | $3,483+18.5% | $5,211-20.8% | $2,281+80.9% |
| Participant deferral / active EE | $8,277 | $4,812+72.0% | $6,282+31.8% | $3,203+158.4% |
| Admin fee / account holder | $9,063 | $5,371+68.7% | $9,324-2.8% | $4,296+111.0% |