Filed March 17, 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 | $33,977 | $133,958-74.6% | $112,228-69.7% | $134,475-74.7% |
| Participation rate | 87.5% | 78.6%+8.9pp | 75.1%+12.4pp | 81.2%+6.3pp |
| Annual return | -19.19% | 47.11%-66.3pp | 27.45%-46.6pp | 417.96%-437.2pp |
| Employer contribution / active EE | $2,567 | $4,038-36.4% | $3,635-29.4% | $4,740-45.8% |
| Participant deferral / active EE | $8,131 | $5,291+53.7% | $4,728+72.0% | $6,400+27.1% |
| Admin fee / account holder | $4,164 | $7,489-44.4% | $6,410-35.0% | $11,426-63.6% |