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 | $168,267 | $65,409+157.3% | $98,442+70.9% | $85,850+96.0% |
| Participation rate | 89.5% | 65.0%+24.5pp | 73.3%+16.1pp | 69.3%+20.2pp |
| Annual return | 15.95% | 21.76%-5.8pp | 1492.73%-1476.8pp | 318.53%-302.6pp |
| Employer contribution / active EE | $5,058 | $2,168+133.3% | $2,960+70.9% | $2,565+97.2% |
| Participant deferral / active EE | $5,895 | $3,166+86.2% | $4,276+37.8% | $3,952+49.2% |
| Admin fee / account holder | $11,888 | $4,593+158.8% | $5,949+99.8% | $6,260+89.9% |