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 | $116,992 | $100,773+16.1% | $88,946+31.5% | $142,382-17.8% |
| Participation rate | 100.0% | 74.3%+25.7pp | 68.8%+31.2pp | 80.1%+19.9pp |
| Annual return | 26.17% | 70.18%-44.0pp | 57.82%-31.7pp | 217.08%-190.9pp |
| Employer contribution / active EE | $9,105 | $2,918+212.1% | $2,555+256.4% | $4,299+111.8% |
| Participant deferral / active EE | $13,555 | $5,230+159.2% | $4,581+195.9% | $6,507+108.3% |
| Admin fee / account holder | $3,175 | $9,693-67.2% | $8,261-61.6% | $12,624-74.9% |