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 | $87,424 | $92,222-5.2% | $76,768+13.9% | $135,375-35.4% |
| Participation rate | 100.0% | 79.8%+20.2pp | 77.0%+23.0pp | 82.6%+17.4pp |
| Annual return | -2.40% | 5.46%-7.9pp | 2.43%-4.8pp | 519.73%-522.1pp |
| Employer contribution / active EE | $2,928 | $3,216-8.9% | $2,485+17.8% | $4,779-38.7% |
| Participant deferral / active EE | $7,328 | $4,509+62.5% | $3,852+90.3% | $5,609+30.7% |
| Admin fee / account holder | $21,949 | $10,748+104.2% | $6,675+228.8% | $10,827+102.7% |