Filed November 30, 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $73,199 | $91,538-20.0% | $129,995-43.7% | $75,163-2.6% |
| Participation rate | 96.6% | 71.4%+25.1pp | 78.5%+18.1pp | 67.2%+29.4pp |
| Annual return | 14.65% | -631.11%+645.8pp | -137.18%+151.8pp | 160.62%-146.0pp |
| Employer contribution / active EE | $5,772 | $2,845+102.9% | $4,320+33.6% | $2,670+116.2% |
| Participant deferral / active EE | $717 | $4,341-83.5% | $5,820-87.7% | $4,125-82.6% |
| Admin fee / account holder | $7,938 | $6,790+16.9% | $10,614-25.2% | $5,651+40.5% |