Filed November 1, 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 | $60,008 | $138,065-56.5% | $123,544-51.4% | $135,375-55.7% |
| Participation rate | 100.0% | 84.7%+15.3pp | 82.3%+17.7pp | 82.6%+17.4pp |
| Annual return | -7.45% | 153.68%-161.1pp | 119.20%-126.6pp | 519.73%-527.2pp |
| Employer contribution / active EE | $3,420 | $5,151-33.6% | $4,628-26.1% | $4,779-28.4% |
| Participant deferral / active EE | $6,517 | $6,799-4.1% | $6,426+1.4% | $5,609+16.2% |
| Admin fee / account holder | $837 | $10,916-92.3% | $9,284-91.0% | $10,827-92.3% |