Filed July 28, 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 9-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 | $84,322 | $49,173+71.5% | $121,098-30.4% | $75,163+12.2% |
| Participation rate | 100.0% | 55.4%+44.6pp | 69.5%+30.5pp | 67.2%+32.8pp |
| Annual return | 16.99% | 55.99%-39.0pp | 985.75%-968.8pp | 160.62%-143.6pp |
| Employer contribution / active EE | $3,254 | $1,546+110.5% | $4,164-21.8% | $2,670+21.9% |
| Participant deferral / active EE | $4,014 | $2,628+52.8% | $4,080-1.6% | $4,125-2.7% |
| Admin fee / account holder | $3,560 | $3,942-9.7% | $5,644-36.9% | $5,651-37.0% |