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 | $223,733 | $72,404+209.0% | $110,238+103.0% | $64,186+248.6% |
| Participation rate | 100.0% | 73.3%+26.7pp | 79.8%+20.2pp | 69.6%+30.4pp |
| Annual return | 6.12% | -6.29%+12.4pp | 314.74%-308.6pp | 7.63%-1.5pp |
| Employer contribution / active EE | $9,356 | $2,282+310.0% | $3,826+144.5% | $2,381+293.0% |
| Participant deferral / active EE | $3,266 | $3,469-5.9% | $4,672-30.1% | $3,470-5.9% |
| Admin fee / account holder | $2,875 | $5,664-49.2% | $8,547-66.4% | $4,888-41.2% |