Filed December 22, 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 | $190,325 | $94,625+101.1% | $116,228+63.8% | $84,808+124.4% |
| Participation rate | 97.6% | 70.4%+27.2pp | 74.6%+23.1pp | 68.3%+29.3pp |
| Annual return | 19.15% | 20.40%-1.3pp | 90.06%-70.9pp | 40.90%-21.7pp |
| Employer contribution / active EE | $21,215 | $2,347+804.1% | $2,994+608.5% | $2,631+706.3% |
| Participant deferral / active EE | $16,392 | $3,972+312.7% | $4,953+230.9% | $4,212+289.2% |
| Admin fee / account holder | $23,680 | $10,091+134.7% | $11,989+97.5% | $7,344+222.4% |