Filed July 22, 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 4-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 | $52,995 | $201,259-73.7% | $184,200-71.2% | $145,959-63.7% |
| Participation rate | 85.7% | 87.5%-1.8pp | 86.8%-1.1pp | 80.3%+5.4pp |
| Annual return | 9.69% | 28.98%-19.3pp | 28.80%-19.1pp | 561.95%-552.3pp |
| Employer contribution / active EE | $11,160 | $7,018+59.0% | $6,424+73.7% | $4,661+139.5% |
| Participant deferral / active EE | $7,121 | $9,806-27.4% | $9,132-22.0% | $6,689+6.5% |
| Admin fee / account holder | $9,779 | $16,372-40.3% | $13,907-29.7% | $13,398-27.0% |