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 | $39,682 | $228,332-82.6% | $185,823-78.6% | $158,922-75.0% |
| Participation rate | 90.9% | 82.3%+8.6pp | 78.0%+12.9pp | 82.0%+9.0pp |
| Annual return | 38.66% | 40.80%-2.1pp | 35.95%+2.7pp | 302.83%-264.2pp |
| Employer contribution / active EE | $2,832 | $4,967-43.0% | $4,087-30.7% | $4,761-40.5% |
| Participant deferral / active EE | $6,146 | $6,415-4.2% | $5,632+9.1% | $5,982+2.7% |
| Admin fee / account holder | $2,406 | $11,864-79.7% | $9,500-74.7% | $11,246-78.6% |