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 | $239,213 | $72,277+231.0% | $101,248+136.3% | $79,858+199.5% |
| Participation rate | 95.7% | 68.5%+27.3pp | 75.8%+19.9pp | 69.6%+26.1pp |
| Annual return | 16.21% | 22.30%-6.1pp | 46.47%-30.3pp | 31.71%-15.5pp |
| Employer contribution / active EE | $6,371 | $2,692+136.7% | $3,660+74.1% | $2,471+157.9% |
| Participant deferral / active EE | $9,008 | $3,282+174.5% | $4,370+106.1% | $3,740+140.9% |
| Admin fee / account holder | $9,619 | $4,400+118.6% | $5,945+61.8% | $5,306+81.3% |