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 7-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 | $83,586 | $78,694+6.2% | $67,652+23.6% | $125,391-33.3% |
| Participation rate | 100.0% | 78.8%+21.2pp | 75.7%+24.3pp | 83.2%+16.8pp |
| Annual return | -0.11% | 9.46%-9.6pp | 6625.04%-6625.2pp | 282.22%-282.3pp |
| Employer contribution / active EE | $3,082 | $3,044+1.3% | $2,266+36.0% | $4,866-36.7% |
| Participant deferral / active EE | $3,994 | $4,292-6.9% | $3,560+12.2% | $5,352-25.4% |
| Admin fee / account holder | $17,911 | $7,403+141.9% | $4,821+271.5% | $9,540+87.7% |