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 | $175,345 | $125,758+39.4% | $169,993+3.1% | $75,163+133.3% |
| Participation rate | 100.0% | 83.6%+16.4pp | 87.0%+13.0pp | 67.2%+32.8pp |
| Annual return | 18.39% | 27.20%-8.8pp | 53.37%-35.0pp | 160.62%-142.2pp |
| Employer contribution / active EE | $17,321 | $4,615+275.3% | $6,785+155.3% | $2,670+548.8% |
| Participant deferral / active EE | $14,239 | $6,837+108.3% | $10,408+36.8% | $4,125+245.2% |
| Admin fee / account holder | $18,999 | $8,173+132.4% | $12,815+48.3% | $5,651+236.2% |