Filed May 10, 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 | $135,223 | $51,638+161.9% | $68,368+97.8% | $82,448+64.0% |
| Participation rate | 97.6% | 63.6%+34.0pp | 73.8%+23.8pp | 68.1%+29.5pp |
| Annual return | 18.75% | 37.53%-18.8pp | 292.57%-273.8pp | 41.64%-22.9pp |
| Employer contribution / active EE | $7,387 | $2,047+261.0% | $2,649+178.9% | $2,551+189.6% |
| Participant deferral / active EE | $14,155 | $2,914+385.9% | $4,123+243.4% | $4,139+242.0% |
| Admin fee / account holder | $2,858 | $4,643-38.5% | $5,150-44.5% | $7,234-60.5% |