Filed March 1, 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $39,266 | $140,588-72.1% | $123,104-68.1% | $125,391-68.7% |
| Participation rate | 85.7% | 88.2%-2.5pp | 86.8%-1.1pp | 83.2%+2.5pp |
| Annual return | 1.16% | 16.80%-15.6pp | 13.22%-12.1pp | 282.22%-281.1pp |
| Employer contribution / active EE | $811 | $6,041-86.6% | $5,151-84.3% | $4,866-83.3% |
| Participant deferral / active EE | $6,273 | $6,980-10.1% | $6,230+0.7% | $5,352+17.2% |
| Admin fee / account holder | $13,274 | $11,198+18.5% | $9,015+47.2% | $9,540+39.1% |