Filed November 14, 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 | $43,737 | $160,055-72.7% | $140,016-68.8% | $135,375-67.7% |
| Participation rate | 100.0% | 88.5%+11.5pp | 87.5%+12.5pp | 82.6%+17.4pp |
| Annual return | -6.75% | 911.38%-918.1pp | 651.12%-657.9pp | 519.73%-526.5pp |
| Employer contribution / active EE | $2,218 | $6,420-65.5% | $5,606-60.4% | $4,779-53.6% |
| Participant deferral / active EE | $6,219 | $7,642-18.6% | $6,927-10.2% | $5,609+10.9% |
| Admin fee / account holder | $4,798 | $13,328-64.0% | $10,705-55.2% | $10,827-55.7% |