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 | $127,226 | $110,094+15.6% | $151,611-16.1% | $68,494+85.7% |
| Participation rate | 100.0% | 84.0%+16.0pp | 87.5%+12.5pp | 67.9%+32.1pp |
| Annual return | -13.01% | -10.12%-2.9pp | 3.33%-16.3pp | -7.84%-5.2pp |
| Employer contribution / active EE | $17,947 | $4,471+301.4% | $6,166+191.1% | $2,596+591.2% |
| Participant deferral / active EE | $13,752 | $6,527+110.7% | $8,363+64.4% | $4,027+241.5% |
| Admin fee / account holder | $41,052 | $7,719+431.9% | $11,616+253.4% | $5,403+659.8% |