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 | $86,724 | $84,556+2.6% | $116,228-25.4% | $74,304+16.7% |
| Participation rate | 99.3% | 66.0%+33.2pp | 74.6%+24.7pp | 60.3%+38.9pp |
| Annual return | 28.32% | 18.35%+10.0pp | 90.06%-61.7pp | 29.43%-1.1pp |
| Employer contribution / active EE | $5,655 | $2,168+160.9% | $2,994+88.9% | $2,241+152.3% |
| Participant deferral / active EE | $11,154 | $3,814+192.4% | $4,953+125.2% | $3,767+196.1% |
| Admin fee / account holder | $5,190 | $3,792+36.9% | $11,989-56.7% | $2,969+74.8% |