Filed April 21, 2022
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 | $67,443 | $81,900-17.7% | $119,609-43.6% | $68,494-1.5% |
| Participation rate | 73.3% | 71.9%+1.4pp | 79.3%-5.9pp | 67.9%+5.4pp |
| Annual return | -18.24% | -23.82%+5.6pp | -14.97%-3.3pp | -7.84%-10.4pp |
| Employer contribution / active EE | $1,169 | $2,693-56.6% | $4,232-72.4% | $2,596-55.0% |
| Participant deferral / active EE | $5,207 | $4,148+25.5% | $5,602-7.1% | $4,027+29.3% |
| Admin fee / account holder | $5,363 | $6,582-18.5% | $10,323-48.1% | $5,403-0.7% |