Filed October 3, 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 | $105,043 | $89,753+17.0% | $107,525-2.3% | $84,808+23.9% |
| Participation rate | 96.4% | 68.1%+28.3pp | 75.1%+21.3pp | 68.3%+28.1pp |
| Annual return | 20.18% | 29.48%-9.3pp | 181.32%-161.1pp | 40.90%-20.7pp |
| Employer contribution / active EE | $2,943 | $3,113-5.5% | $3,754-21.6% | $2,631+11.9% |
| Participant deferral / active EE | $6,098 | $4,056+50.3% | $5,116+19.2% | $4,212+44.8% |
| Admin fee / account holder | $2,532 | $7,222-64.9% | $8,919-71.6% | $7,344-65.5% |