Filed July 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.
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 | $88,466 | $65,561+34.9% | $86,188+2.6% | $75,163+17.7% |
| Participation rate | 100.0% | 60.5%+39.5pp | 69.0%+31.0pp | 67.2%+32.8pp |
| Annual return | 27.09% | 46.05%-19.0pp | 1168.45%-1141.4pp | 160.62%-133.5pp |
| Employer contribution / active EE | $2,618 | $1,553+68.6% | $2,380+10.0% | $2,670-1.9% |
| Participant deferral / active EE | $0 | $3,024-100.0% | $3,985-100.0% | $4,125-100.0% |
| Admin fee / account holder | $945 | $5,474-82.7% | $6,852-86.2% | $5,651-83.3% |