Filed November 10, 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 | $207,690 | $84,233+146.6% | $170,442+21.9% | $70,131+196.1% |
| Participation rate | 89.3% | 70.8%+18.5pp | 83.6%+5.7pp | 69.5%+19.7pp |
| Annual return | 18.69% | 23.06%-4.4pp | 205.93%-187.2pp | 73.14%-54.5pp |
| Employer contribution / active EE | $9,862 | $3,387+191.2% | $5,433+81.5% | $2,342+321.0% |
| Participant deferral / active EE | $4,479 | $3,086+45.2% | $4,939-9.3% | $3,332+34.4% |
| Admin fee / account holder | $1,075 | $5,698-81.1% | $13,880-92.3% | $4,645-76.9% |