Filed November 18, 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 | $163,652 | $138,347+18.3% | $184,203-11.2% | $80,856+102.4% |
| Participation rate | 97.5% | 83.9%+13.6pp | 86.8%+10.7pp | 67.6%+29.9pp |
| Annual return | 11.46% | 20.02%-8.6pp | 28.81%-17.4pp | 35.59%-24.1pp |
| Employer contribution / active EE | $4,239 | $4,850-12.6% | $6,427-34.0% | $2,755+53.9% |
| Participant deferral / active EE | $6,680 | $7,071-5.5% | $9,131-26.8% | $4,296+55.5% |
| Admin fee / account holder | $14,415 | $10,483+37.5% | $13,901+3.7% | $6,918+108.4% |