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 | $65,542 | $73,004-10.2% | $90,749-27.8% | $68,494-4.3% |
| Participation rate | 100.0% | 70.8%+29.2pp | 75.7%+24.3pp | 67.9%+32.1pp |
| Annual return | -17.68% | -13.81%-3.9pp | -12.16%-5.5pp | -7.84%-9.8pp |
| Employer contribution / active EE | $4,356 | $2,193+98.7% | $2,921+49.1% | $2,596+67.8% |
| Participant deferral / active EE | $12,642 | $3,627+248.6% | $4,564+177.0% | $4,027+213.9% |
| Admin fee / account holder | $1,045 | $5,896-82.3% | $8,445-87.6% | $5,403-80.7% |