Filed March 11, 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 10-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 | $60,012 | $79,944-24.9% | $98,439-39.0% | $75,163-20.2% |
| Participation rate | 100.0% | 70.4%+29.6pp | 75.2%+24.8pp | 67.2%+32.8pp |
| Annual return | 16.04% | 19.75%-3.7pp | 21.16%-5.1pp | 160.62%-144.6pp |
| Employer contribution / active EE | $5,314 | $2,264+134.7% | $3,048+74.3% | $2,670+99.0% |
| Participant deferral / active EE | $3,998 | $3,752+6.6% | $4,738-15.6% | $4,125-3.1% |
| Admin fee / account holder | $1,183 | $6,840-82.7% | $8,948-86.8% | $5,651-79.1% |