Filed March 10, 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 | $78,501 | $217,402-63.9% | $185,823-57.8% | $167,490-53.1% |
| Participation rate | 75.0% | 86.0%-11.0pp | 81.7%-6.7pp | 82.1%-7.1pp |
| Annual return | 19.38% | 148.36%-129.0pp | 122.05%-102.7pp | 478.56%-459.2pp |
| Employer contribution / active EE | $8,570 | $5,873+45.9% | $5,167+65.8% | $4,837+77.1% |
| Participant deferral / active EE | $2,289 | $6,356-64.0% | $5,568-58.9% | $6,341-63.9% |
| Admin fee / account holder | $9,160 | $19,811-53.8% | $16,237-43.6% | $12,309-25.6% |