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 | $79,673 | $57,016+39.7% | $84,966-6.2% | $80,856-1.5% |
| Participation rate | 85.2% | 56.3%+28.8pp | 67.5%+17.7pp | 67.6%+17.5pp |
| Annual return | 35.15% | 21.66%+13.5pp | 66.38%-31.2pp | 35.59%-0.4pp |
| Employer contribution / active EE | $7,297 | $1,798+305.9% | $2,727+167.6% | $2,755+164.9% |
| Participant deferral / active EE | $10,457 | $3,110+236.3% | $4,519+131.4% | $4,296+143.4% |
| Admin fee / account holder | $1,072 | $4,980-78.5% | $6,149-82.6% | $6,918-84.5% |