Filed March 8, 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 6-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 | $44,556 | $81,208-45.1% | $98,907-55.0% | $79,858-44.2% |
| Participation rate | 100.0% | 72.5%+27.5pp | 76.0%+24.0pp | 69.6%+30.4pp |
| Annual return | 0.00% | 60.99%-61.0pp | 196.43%-196.4pp | 31.71%-31.7pp |
| Employer contribution / active EE | $3,604 | $1,960+83.9% | $2,689+34.0% | $2,471+45.9% |
| Participant deferral / active EE | $10,207 | $3,265+212.6% | $4,244+140.5% | $3,740+172.9% |
| Admin fee / account holder | $535 | $6,013-91.1% | $6,642-91.9% | $5,306-89.9% |