Filed October 3, 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 7-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 | $156,830 | $94,529+65.9% | $140,016+12.0% | $64,186+144.3% |
| Participation rate | 82.1% | 84.1%-1.9pp | 87.5%-5.4pp | 69.6%+12.6pp |
| Annual return | -5.77% | 7.77%-13.5pp | 651.12%-656.9pp | 7.63%-13.4pp |
| Employer contribution / active EE | $14,579 | $3,812+282.4% | $5,606+160.1% | $2,381+512.3% |
| Participant deferral / active EE | $12,516 | $5,250+138.4% | $6,927+80.7% | $3,470+260.7% |
| Admin fee / account holder | $22,418 | $6,741+232.6% | $10,705+109.4% | $4,888+358.6% |