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 | $220,149 | $81,900+168.8% | $119,609+84.1% | $68,494+221.4% |
| Participation rate | 100.0% | 71.9%+28.1pp | 79.3%+20.7pp | 67.9%+32.1pp |
| Annual return | -12.70% | -23.82%+11.1pp | -14.97%+2.3pp | -7.84%-4.9pp |
| Employer contribution / active EE | $12,371 | $2,693+359.3% | $4,232+192.3% | $2,596+376.5% |
| Participant deferral / active EE | $3,615 | $4,148-12.8% | $5,602-35.5% | $4,027-10.2% |
| Admin fee / account holder | $82,825 | $6,582+1158.4% | $10,323+702.3% | $5,403+1433.0% |