Filed December 16, 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 4-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 | $32,677 | $83,902-61.1% | $167,512-80.5% | $84,808-61.5% |
| Participation rate | 100.0% | 66.5%+33.5pp | 77.1%+22.9pp | 68.3%+31.7pp |
| Annual return | 19.72% | 91.55%-71.8pp | 1615.79%-1596.1pp | 40.90%-21.2pp |
| Employer contribution / active EE | $9,279 | $2,264+309.9% | $3,882+139.0% | $2,631+252.7% |
| Participant deferral / active EE | $5,772 | $4,442+29.9% | $6,405-9.9% | $4,212+37.0% |
| Admin fee / account holder | $19,351 | $7,915+144.5% | $9,769+98.1% | $7,344+163.5% |