Filed December 15, 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 | $39,124 | $65,041-39.8% | $90,951-57.0% | $79,858-51.0% |
| Participation rate | 84.2% | 61.6%+22.6pp | 69.0%+15.2pp | 69.6%+14.6pp |
| Annual return | 14.98% | 30.45%-15.5pp | 134.60%-119.6pp | 31.71%-16.7pp |
| Employer contribution / active EE | $1,840 | $1,247+47.5% | $2,122-13.3% | $2,471-25.5% |
| Participant deferral / active EE | $3,098 | $2,512+23.3% | $3,373-8.2% | $3,740-17.2% |
| Admin fee / account holder | $863 | $4,536-81.0% | $5,959-85.5% | $5,306-83.7% |