Filed April 11, 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 | $140,045 | $94,625+48.0% | $116,228+20.5% | $84,808+65.1% |
| Participation rate | 92.0% | 70.4%+21.6pp | 74.6%+17.4pp | 68.3%+23.7pp |
| Annual return | 15.50% | 20.40%-4.9pp | 90.06%-74.6pp | 40.90%-25.4pp |
| Employer contribution / active EE | $1,613 | $2,347-31.3% | $2,994-46.2% | $2,631-38.7% |
| Participant deferral / active EE | $6,063 | $3,972+52.6% | $4,953+22.4% | $4,212+44.0% |
| Admin fee / account holder | $30,770 | $10,091+204.9% | $11,989+156.6% | $7,344+319.0% |