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 | $129,704 | $88,751+46.1% | $81,812+58.5% | $145,922-11.1% |
| Participation rate | 100.0% | 75.0%+25.0pp | 72.3%+27.7pp | 80.3%+19.7pp |
| Annual return | 13.03% | 1025.40%-1012.4pp | 773.79%-760.8pp | 561.29%-548.3pp |
| Employer contribution / active EE | $14,659 | $3,083+375.4% | $2,912+403.3% | $4,660+214.6% |
| Participant deferral / active EE | $16,173 | $4,643+248.3% | $4,319+274.5% | $6,688+141.8% |
| Admin fee / account holder | $31,821 | $8,415+278.1% | $7,386+330.8% | $13,397+137.5% |