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 | $87,152 | $78,485+11.0% | $106,213-17.9% | $74,495+17.0% |
| Participation rate | 95.0% | 72.8%+22.2pp | 75.3%+19.8pp | 67.2%+27.8pp |
| Annual return | 19.26% | 15.95%+3.3pp | 116.14%-96.9pp | 1364.94%-1345.7pp |
| Employer contribution / active EE | $6,183 | $2,523+145.1% | $3,171+95.0% | $2,623+135.7% |
| Participant deferral / active EE | $11,549 | $4,322+167.2% | $5,016+130.2% | $4,346+165.7% |
| Admin fee / account holder | $14,941 | $2,232+569.5% | $11,033+35.4% | $1,942+669.5% |