Filed August 28, 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 | $203,668 | $83,477+144.0% | $125,175+62.7% | $72,985+179.1% |
| Participation rate | 96.7% | 73.3%+23.4pp | 79.8%+16.9pp | 69.5%+27.2pp |
| Annual return | 22.50% | 25.78%-3.3pp | 43.79%-21.3pp | 81.00%-58.5pp |
| Employer contribution / active EE | $13,888 | $2,345+492.2% | $3,865+259.3% | $2,440+469.2% |
| Participant deferral / active EE | $8,776 | $3,585+144.8% | $4,937+77.8% | $3,607+143.3% |
| Admin fee / account holder | $24,827 | $5,517+350.0% | $9,702+155.9% | $5,124+384.5% |