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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $315,274 | $99,985+215.3% | $146,665+115.0% | $85,850+267.2% |
| Participation rate | 100.0% | 73.1%+26.9pp | 80.1%+19.9pp | 69.3%+30.7pp |
| Annual return | 25.42% | 18.93%+6.5pp | 22.74%+2.7pp | 318.53%-293.1pp |
| Employer contribution / active EE | $9,354 | $2,559+265.6% | $4,136+126.1% | $2,565+264.7% |
| Participant deferral / active EE | $3,715 | $4,006-7.3% | $5,506-32.5% | $3,952-6.0% |
| Admin fee / account holder | $10,725 | $7,702+39.2% | $10,280+4.3% | $6,260+71.3% |