Filed August 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 8-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 | $32,368 | $226,064-85.7% | $182,532-82.3% | $152,861-78.8% |
| Participation rate | 80.0% | 82.5%-2.5pp | 78.0%+2.0pp | 82.4%-2.4pp |
| Annual return | 29.84% | 192.51%-162.7pp | 148.54%-118.7pp | 345.32%-315.5pp |
| Employer contribution / active EE | $2,853 | $4,978-42.7% | $4,076-30.0% | $4,762-40.1% |
| Participant deferral / active EE | $5,614 | $6,368-11.8% | $5,524+1.6% | $5,850-4.0% |
| Admin fee / account holder | $1,705 | $10,703-84.1% | $8,592-80.2% | $11,596-85.3% |