Filed April 14, 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 | $126,375 | $80,753+56.5% | $136,294-7.3% | $62,292+102.9% |
| Participation rate | 97.4% | 73.5%+23.9pp | 81.9%+15.5pp | 69.5%+27.9pp |
| Annual return | 15.91% | 35.83%-19.9pp | 5155.94%-5140.0pp | 28.90%-13.0pp |
| Employer contribution / active EE | $5,085 | $2,884+76.3% | $4,695+8.3% | $2,042+149.0% |
| Participant deferral / active EE | $8,735 | $5,164+69.1% | $6,247+39.8% | $3,169+175.6% |
| Admin fee / account holder | $6,713 | $525+1177.7% | $9,243-27.4% | $479+1300.5% |