Filed September 15, 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 | $40,319 | $63,346-36.4% | $92,233-56.3% | $70,131-42.5% |
| Participation rate | 100.0% | 68.7%+31.3pp | 76.5%+23.5pp | 69.5%+30.5pp |
| Annual return | 19.03% | 530.12%-511.1pp | 176.28%-157.2pp | 73.14%-54.1pp |
| Employer contribution / active EE | $3,751 | $2,471+51.8% | $3,679+1.9% | $2,342+60.1% |
| Participant deferral / active EE | $6,251 | $2,854+119.0% | $3,897+60.4% | $3,332+87.6% |
| Admin fee / account holder | $1,028 | $3,840-73.2% | $5,194-80.2% | $4,645-77.9% |