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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $306,433 | $78,672+289.5% | $109,143+180.8% | $85,850+256.9% |
| Participation rate | 100.0% | 68.3%+31.7pp | 75.9%+24.1pp | 69.3%+30.7pp |
| Annual return | 15.05% | 25.09%-10.0pp | 25.75%-10.7pp | 318.53%-303.5pp |
| Employer contribution / active EE | $6,995 | $2,735+155.8% | $3,722+87.9% | $2,565+172.7% |
| Participant deferral / active EE | $10,527 | $3,467+203.6% | $4,653+126.2% | $3,952+166.4% |
| Admin fee / account holder | $15,347 | $5,469+180.6% | $6,752+127.3% | $6,260+145.2% |