Filed December 14, 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 | $17,503 | $99,020-82.3% | $86,590-79.8% | $147,584-88.1% |
| Participation rate | 100.0% | 76.3%+23.7pp | 73.5%+26.5pp | 82.8%+17.2pp |
| Annual return | 14.25% | 1312.34%-1298.1pp | 964.84%-950.6pp | 578.55%-564.3pp |
| Employer contribution / active EE | $1,634 | $3,132-47.8% | $2,839-42.4% | $4,876-66.5% |
| Participant deferral / active EE | $2,218 | $3,972-44.2% | $3,609-38.5% | $5,439-59.2% |
| Admin fee / account holder | $5,025 | $5,710-12.0% | $4,906+2.4% | $10,885-53.8% |