Filed September 22, 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 | $126,798 | $106,749+18.8% | $145,433-12.8% | $82,448+53.8% |
| Participation rate | 98.7% | 75.6%+23.0pp | 82.1%+16.6pp | 68.1%+30.6pp |
| Annual return | 15.65% | 27.59%-11.9pp | 66.58%-50.9pp | 41.64%-26.0pp |
| Employer contribution / active EE | $6,948 | $3,444+101.7% | $4,554+52.6% | $2,551+172.4% |
| Participant deferral / active EE | $6,762 | $6,519+3.7% | $7,897-14.4% | $4,139+63.3% |
| Admin fee / account holder | $13,999 | $8,390+66.9% | $13,129+6.6% | $7,234+93.5% |