Filed November 30, 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 | $98,080 | $71,883+36.4% | $86,677+13.2% | $68,494+43.2% |
| Participation rate | 76.1% | 72.2%+3.9pp | 76.6%-0.5pp | 67.9%+8.2pp |
| Annual return | -15.47% | 3.52%-19.0pp | 35.91%-51.4pp | -7.84%-7.6pp |
| Employer contribution / active EE | $1,333 | $2,173-38.7% | $2,836-53.0% | $2,596-48.7% |
| Participant deferral / active EE | $3,854 | $3,779+2.0% | $4,656-17.2% | $4,027-4.3% |
| Admin fee / account holder | $427 | $6,112-93.0% | $7,493-94.3% | $5,403-92.1% |