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 | $173,433 | $65,365+165.3% | $92,893+86.7% | $72,985+137.6% |
| Participation rate | 100.0% | 68.3%+31.7pp | 76.0%+24.0pp | 69.5%+30.5pp |
| Annual return | 25.54% | 42.10%-16.6pp | 109.41%-83.9pp | 81.00%-55.5pp |
| Employer contribution / active EE | $6,756 | $2,594+160.4% | $3,653+85.0% | $2,440+176.9% |
| Participant deferral / active EE | $9,133 | $3,128+191.9% | $4,236+115.6% | $3,607+153.2% |
| Admin fee / account holder | $18,828 | $4,251+342.9% | $5,794+225.0% | $5,124+267.4% |