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 | $243,498 | $73,933+229.4% | $96,683+151.9% | $75,163+224.0% |
| Participation rate | 100.0% | 66.4%+33.6pp | 74.3%+25.7pp | 67.2%+32.8pp |
| Annual return | 18.54% | 26.70%-8.2pp | 35.69%-17.2pp | 160.62%-142.1pp |
| Employer contribution / active EE | $6,246 | $2,928+113.3% | $3,737+67.1% | $2,670+133.9% |
| Participant deferral / active EE | $9,470 | $3,659+158.8% | $4,878+94.1% | $4,125+129.6% |
| Admin fee / account holder | $1,397 | $5,216-73.2% | $6,730-79.2% | $5,651-75.3% |