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 | $53,126 | $53,1270% | $86,590-38.6% | $70,131-24.2% |
| Participation rate | 79.6% | 65.3%+14.3pp | 73.5%+6.1pp | 69.5%+10.1pp |
| Annual return | 14.52% | 27.66%-13.1pp | 964.84%-950.3pp | 73.14%-58.6pp |
| Employer contribution / active EE | $1,710 | $2,068-17.3% | $2,839-39.8% | $2,342-27.0% |
| Participant deferral / active EE | $6,970 | $2,696+158.6% | $3,609+93.2% | $3,332+109.2% |
| Admin fee / account holder | $16,956 | $3,585+372.9% | $4,906+245.6% | $4,645+265.0% |