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 | $111,535+60.9% | $105,223+70.5% | $137,256+30.7% |
| Participation rate | 91.7% | 78.1%+13.6pp | 75.0%+16.6pp | 80.0%+11.7pp |
| Annual return | 15.71% | 237.85%-222.1pp | 180.65%-164.9pp | 220.34%-204.6pp |
| Employer contribution / active EE | $3,452 | $3,939-12.4% | $3,689-6.4% | $4,156-16.9% |
| Participant deferral / active EE | $7,458 | $5,500+35.6% | $5,072+47.0% | $6,407+16.4% |
| Admin fee / account holder | $39,278 | $9,721+304.0% | $8,859+343.4% | $12,270+220.1% |