Filed August 19, 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 | $90,213 | $71,883+25.5% | $86,677+4.1% | $68,494+31.7% |
| Participation rate | 88.3% | 72.2%+16.1pp | 76.6%+11.8pp | 67.9%+20.4pp |
| Annual return | -13.91% | 3.52%-17.4pp | 35.91%-49.8pp | -7.84%-6.1pp |
| Employer contribution / active EE | $1,836 | $2,173-15.5% | $2,836-35.3% | $2,596-29.3% |
| Participant deferral / active EE | $5,289 | $3,779+40.0% | $4,656+13.6% | $4,027+31.3% |
| Admin fee / account holder | $18,754 | $6,112+206.8% | $7,493+150.3% | $5,403+247.1% |