Filed September 13, 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 | $70,567 | $43,723+61.4% | $121,196-41.8% | $64,186+9.9% |
| Participation rate | 100.0% | 58.3%+41.7pp | 71.7%+28.3pp | 69.6%+30.4pp |
| Annual return | 4.80% | 68.91%-64.1pp | 16.93%-12.1pp | 7.63%-2.8pp |
| Employer contribution / active EE | $3,508 | $1,296+170.7% | $4,022-12.8% | $2,381+47.4% |
| Participant deferral / active EE | $4,301 | $2,280+88.7% | $3,344+28.6% | $3,470+24.0% |
| Admin fee / account holder | $579 | $3,501-83.4% | $5,019-88.5% | $4,888-88.1% |