Filed February 8, 2023
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 | $108,770 | $45,152+140.9% | $73,843+47.3% | $59,632+82.4% |
| Participation rate | 100.0% | 64.0%+36.0pp | 73.4%+26.6pp | 68.7%+31.3pp |
| Annual return | 5.39% | 27.40%-22.0pp | 2267.84%-2262.5pp | 2041.28%-2035.9pp |
| Employer contribution / active EE | $4,837 | $1,902+154.3% | $2,787+73.5% | $2,203+119.6% |
| Participant deferral / active EE | $3,055 | $2,574+18.7% | $3,583-14.7% | $3,192-4.3% |
| Admin fee / account holder | $451 | $3,516-87.2% | $4,880-90.8% | $4,297-89.5% |