Filed November 17, 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 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 | $99,448 | $54,762+81.6% | $90,281+10.2% | $72,985+36.3% |
| Participation rate | 97.3% | 65.1%+32.2pp | 73.3%+24.0pp | 69.5%+27.8pp |
| Annual return | 23.21% | 30.63%-7.4pp | 78.10%-54.9pp | 81.00%-57.8pp |
| Employer contribution / active EE | $3,898 | $2,092+86.3% | $2,854+36.6% | $2,440+59.8% |
| Participant deferral / active EE | $4,264 | $2,887+47.7% | $3,885+9.7% | $3,607+18.2% |
| Admin fee / account holder | $3,723 | $3,972-6.3% | $5,351-30.4% | $5,124-27.3% |