Filed December 16, 2021
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 5-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 | $23,478 | $57,281-59.0% | $86,612-72.9% | $75,163-68.8% |
| Participation rate | 71.6% | 63.2%+8.4pp | 71.7%-0.1pp | 67.2%+4.4pp |
| Annual return | 22.77% | 2670.75%-2648.0pp | 591.07%-568.3pp | 160.62%-137.9pp |
| Employer contribution / active EE | $2,974 | $2,314+28.5% | $3,022-1.6% | $2,670+11.4% |
| Participant deferral / active EE | $5,149 | $3,318+55.2% | $4,438+16.0% | $4,125+24.8% |
| Admin fee / account holder | $3,523 | $4,112-14.3% | $5,614-37.3% | $5,651-37.7% |