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 | $155,715 | $71,050+119.2% | $93,606+66.4% | $80,856+92.6% |
| Participation rate | 90.3% | 60.4%+29.9pp | 68.7%+21.6pp | 67.6%+22.6pp |
| Annual return | 97.19% | 11.26%+85.9pp | 133.20%-36.0pp | 35.59%+61.6pp |
| Employer contribution / active EE | $2,556 | $1,564+63.4% | $2,420+5.6% | $2,755-7.2% |
| Participant deferral / active EE | $0 | $4,034-100.0% | $4,411-100.0% | $4,296-100.0% |
| Admin fee / account holder | $763 | $6,945-89.0% | $8,285-90.8% | $6,918-89.0% |