Filed November 23, 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 | $105,553 | $214,378-50.8% | $200,582-47.4% | $142,382-25.9% |
| Participation rate | 91.7% | 87.4%+4.2pp | 86.9%+4.8pp | 80.1%+11.5pp |
| Annual return | 14.01% | 46.41%-32.4pp | 42.33%-28.3pp | 217.08%-203.1pp |
| Employer contribution / active EE | $2,166 | $6,841-68.3% | $6,419-66.3% | $4,299-49.6% |
| Participant deferral / active EE | $7,567 | $9,865-23.3% | $9,331-18.9% | $6,507+16.3% |
| Admin fee / account holder | $3,333 | $17,692-81.2% | $16,305-79.6% | $12,624-73.6% |