Filed February 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 | $58,064 | $56,199+3.3% | $67,652-14.2% | $59,632-2.6% |
| Participation rate | 74.4% | 71.5%+2.9pp | 75.7%-1.3pp | 68.7%+5.7pp |
| Annual return | 3.33% | 18505.31%-18502.0pp | 6625.04%-6621.7pp | 2041.28%-2038.0pp |
| Employer contribution / active EE | $1,393 | $1,614-13.7% | $2,266-38.5% | $2,203-36.8% |
| Participant deferral / active EE | $3,811 | $2,844+34.0% | $3,560+7.0% | $3,192+19.4% |
| Admin fee / account holder | $780 | $3,958-80.3% | $4,821-83.8% | $4,297-81.8% |