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 | $267,520 | $101,724+163.0% | $164,813+62.3% | $80,856+230.9% |
| Participation rate | 97.1% | 71.8%+25.3pp | 78.6%+18.5pp | 67.6%+29.5pp |
| Annual return | 12.71% | 16.72%-4.0pp | 69.93%-57.2pp | 35.59%-22.9pp |
| Employer contribution / active EE | $14,844 | $2,953+402.6% | $4,341+242.0% | $2,755+438.8% |
| Participant deferral / active EE | $3,970 | $4,477-11.3% | $6,031-34.2% | $4,296-7.6% |
| Admin fee / account holder | $9,268 | $8,227+12.6% | $12,690-27.0% | $6,918+34.0% |