Filed August 26, 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 | $140,489 | $57,354+145.0% | $83,848+67.6% | $64,186+118.9% |
| Participation rate | 100.0% | 68.6%+31.4pp | 76.1%+23.9pp | 69.6%+30.4pp |
| Annual return | -5.58% | 11.38%-17.0pp | 850.88%-856.5pp | 7.63%-13.2pp |
| Employer contribution / active EE | $6,094 | $2,545+139.4% | $3,631+67.8% | $2,381+155.9% |
| Participant deferral / active EE | $7,696 | $2,993+157.1% | $4,082+88.6% | $3,470+121.8% |
| Admin fee / account holder | $18,618 | $4,046+360.2% | $5,478+239.9% | $4,888+280.9% |