Filed October 24, 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 | $80,358 | $110,094-27.0% | $151,611-47.0% | $68,494+17.3% |
| Participation rate | 97.7% | 84.0%+13.8pp | 87.5%+10.2pp | 67.9%+29.8pp |
| Annual return | -12.53% | -10.12%-2.4pp | 3.33%-15.9pp | -7.84%-4.7pp |
| Employer contribution / active EE | $2,927 | $4,471-34.5% | $6,166-52.5% | $2,596+12.7% |
| Participant deferral / active EE | $8,986 | $6,527+37.7% | $8,363+7.4% | $4,027+123.1% |
| Admin fee / account holder | $9,624 | $7,719+24.7% | $11,616-17.2% | $5,403+78.1% |