Filed December 20, 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 | $55,947 | $25,979+115.4% | $71,735-22.0% | $68,494-18.3% |
| Participation rate | 94.1% | 54.5%+39.6pp | 62.3%+31.8pp | 67.9%+26.2pp |
| Annual return | 1.87% | -15.10%+17.0pp | 9.14%-7.3pp | -7.84%+9.7pp |
| Employer contribution / active EE | $4,596 | $900+410.4% | $1,704+169.7% | $2,596+77.0% |
| Participant deferral / active EE | $2,734 | $1,522+79.6% | $2,658+2.9% | $4,027-32.1% |
| Admin fee / account holder | $15,871 | $2,022+685.1% | $3,974+299.4% | $5,403+193.8% |