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 | $81,754 | $159,602-48.8% | $150,045-45.5% | $142,382-42.6% |
| Participation rate | 100.0% | 84.0%+16.0pp | 82.3%+17.7pp | 80.1%+19.9pp |
| Annual return | 18.40% | 70.24%-51.8pp | 62.55%-44.2pp | 217.08%-198.7pp |
| Employer contribution / active EE | $4,663 | $4,961-6.0% | $4,693-0.6% | $4,299+8.5% |
| Participant deferral / active EE | $6,244 | $8,310-24.9% | $7,997-21.9% | $6,507-4.0% |
| Admin fee / account holder | $546 | $14,846-96.3% | $13,435-95.9% | $12,624-95.7% |