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 | $54,705+147.2% | $71,209+89.9% | $84,808+59.4% |
| Participation rate | 97.6% | 64.1%+33.5pp | 73.8%+23.8pp | 68.3%+29.2pp |
| Annual return | 18.75% | 35.90%-17.2pp | 282.51%-263.8pp | 40.90%-22.1pp |
| Employer contribution / active EE | $7,387 | $2,158+242.3% | $2,721+171.5% | $2,631+180.8% |
| Participant deferral / active EE | $14,155 | $3,030+367.1% | $4,175+239.0% | $4,212+236.1% |
| Admin fee / account holder | $2,858 | $4,863-41.2% | $5,349-46.6% | $7,344-61.1% |