Filed March 13, 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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $423,336 | $124,319+240.5% | $111,297+280.4% | $167,490+152.8% |
| Participation rate | 100.0% | 79.6%+20.4pp | 77.3%+22.7pp | 82.1%+17.9pp |
| Annual return | 19.36% | 37.44%-18.1pp | 54.65%-35.3pp | 478.56%-459.2pp |
| Employer contribution / active EE | $11,415 | $3,435+232.3% | $2,731+318.0% | $4,837+136.0% |
| Participant deferral / active EE | $9,734 | $5,180+87.9% | $4,487+116.9% | $6,341+53.5% |
| Admin fee / account holder | $62,975 | $10,618+493.1% | $7,964+690.8% | $12,309+411.6% |