Filed January 5, 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 7-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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $298,087 | $146,267+103.8% | $197,124+51.2% | $82,448+261.5% |
| Participation rate | 95.7% | 84.0%+11.7pp | 86.7%+9.0pp | 68.1%+27.7pp |
| Annual return | 27.03% | 29.61%-2.6pp | 44.34%-17.3pp | 41.64%-14.6pp |
| Employer contribution / active EE | $8,212 | $4,723+73.9% | $6,227+31.9% | $2,551+221.9% |
| Participant deferral / active EE | $18,783 | $7,035+167.0% | $9,135+105.6% | $4,139+353.8% |
| Admin fee / account holder | $6,158 | $14,422-57.3% | $16,298-62.2% | $7,234-14.9% |