Filed June 17, 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 | $50,260 | $53,516-6.1% | $126,539-60.3% | $84,808-40.7% |
| Participation rate | 100.0% | 58.2%+41.8pp | 69.8%+30.2pp | 68.3%+31.7pp |
| Annual return | 15.63% | 58.34%-42.7pp | 425.95%-410.3pp | 40.90%-25.3pp |
| Employer contribution / active EE | $734 | $1,535-52.2% | $3,674-80.0% | $2,631-72.1% |
| Participant deferral / active EE | $1,743 | $2,671-34.7% | $4,083-57.3% | $4,212-58.6% |
| Admin fee / account holder | $952 | $4,497-78.8% | $6,065-84.3% | $7,344-87.0% |