Filed October 11, 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 | $92,323 | $100,754-8.4% | $86,677+6.5% | $134,475-31.3% |
| Participation rate | 100.0% | 78.9%+21.1pp | 76.6%+23.4pp | 81.2%+18.8pp |
| Annual return | -18.41% | 29.04%-47.4pp | 35.91%-54.3pp | 417.96%-436.4pp |
| Employer contribution / active EE | $8,093 | $3,489+131.9% | $2,836+185.3% | $4,740+70.8% |
| Participant deferral / active EE | $8,038 | $5,338+50.6% | $4,656+72.7% | $6,400+25.6% |
| Admin fee / account holder | $1,000 | $10,926-90.8% | $7,493-86.7% | $11,426-91.2% |