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 | $137,578 | $60,124+128.8% | $90,404+52.2% | $79,858+72.3% |
| Participation rate | 96.6% | 65.0%+31.6pp | 72.7%+23.9pp | 69.6%+27.0pp |
| Annual return | 15.58% | 71.94%-56.4pp | 1293.02%-1277.4pp | 31.71%-16.1pp |
| Employer contribution / active EE | $4,937 | $2,068+138.8% | $3,262+51.4% | $2,471+99.8% |
| Participant deferral / active EE | $5,903 | $2,938+100.9% | $3,963+48.9% | $3,740+57.8% |
| Admin fee / account holder | $2,451 | $3,976-38.4% | $5,611-56.3% | $5,306-53.8% |