Filed December 21, 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 4-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 | $52,627 | $96,305-45.4% | $80,569-34.7% | $139,434-62.3% |
| Participation rate | 100.0% | 73.6%+26.4pp | 67.0%+33.0pp | 80.3%+19.7pp |
| Annual return | 294.69% | 1350.08%-1055.4pp | 935.43%-640.7pp | 372.94%-78.3pp |
| Employer contribution / active EE | $7,604 | $3,262+133.1% | $2,723+179.2% | $4,751+60.1% |
| Participant deferral / active EE | $9,787 | $5,232+87.1% | $4,447+120.1% | $6,710+45.9% |
| Admin fee / account holder | $502 | $6,599-92.4% | $5,377-90.7% | $11,403-95.6% |