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 | $69,629 | $76,552-9.0% | $123,892-43.8% | $62,891+10.7% |
| Participation rate | 100.0% | 73.0%+27.0pp | 81.4%+18.6pp | 69.3%+30.7pp |
| Annual return | 15.30% | 18.68%-3.4pp | 47.52%-32.2pp | 20.14%-4.8pp |
| Employer contribution / active EE | $8,404 | $2,883+191.6% | $4,617+82.0% | $2,281+268.5% |
| Participant deferral / active EE | $7,149 | $4,840+47.7% | $5,984+19.5% | $3,203+123.2% |
| Admin fee / account holder | $9,206 | $4,826+90.8% | $8,357+10.2% | $4,296+114.3% |