Filed December 8, 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 | $179,432 | $114,381+56.9% | $107,525+66.9% | $142,382+26.0% |
| Participation rate | 91.7% | 78.1%+13.5pp | 75.1%+16.6pp | 80.1%+11.5pp |
| Annual return | 15.71% | 242.71%-227.0pp | 181.32%-165.6pp | 217.08%-201.4pp |
| Employer contribution / active EE | $3,452 | $4,015-14.0% | $3,754-8.0% | $4,299-19.7% |
| Participant deferral / active EE | $7,458 | $5,564+34.0% | $5,116+45.8% | $6,507+14.6% |
| Admin fee / account holder | $39,278 | $9,860+298.4% | $8,919+340.4% | $12,624+211.1% |