Filed December 11, 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 | $77,891 | $91,538-14.9% | $129,995-40.1% | $75,163+3.6% |
| Participation rate | 96.7% | 71.4%+25.3pp | 78.5%+18.2pp | 67.2%+29.5pp |
| Annual return | 16.90% | -631.11%+648.0pp | -137.18%+154.1pp | 160.62%-143.7pp |
| Employer contribution / active EE | $2,922 | $2,845+2.7% | $4,320-32.4% | $2,670+9.4% |
| Participant deferral / active EE | $5,023 | $4,341+15.7% | $5,820-13.7% | $4,125+21.8% |
| Admin fee / account holder | $10,319 | $6,790+52.0% | $10,614-2.8% | $5,651+82.6% |