Filed December 9, 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 | $118,890 | $96,635+23.0% | $86,612+37.3% | $139,434-14.7% |
| Participation rate | 100.0% | 74.4%+25.6pp | 71.7%+28.3pp | 80.3%+19.7pp |
| Annual return | 30.20% | 106.41%-76.2pp | 591.07%-560.9pp | 372.94%-342.7pp |
| Employer contribution / active EE | $12,305 | $3,263+277.1% | $3,022+307.1% | $4,751+159.0% |
| Participant deferral / active EE | $12,728 | $4,836+163.2% | $4,438+186.8% | $6,710+89.7% |
| Admin fee / account holder | $3,150 | $6,408-50.8% | $5,614-43.9% | $11,403-72.4% |