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 | $56,061 | $112,096-50.0% | $95,952-41.6% | $158,922-64.7% |
| Participation rate | 100.0% | 79.0%+21.0pp | 77.1%+22.9pp | 82.0%+18.0pp |
| Annual return | 6.76% | 171.09%-164.3pp | 91.61%-84.9pp | 302.83%-296.1pp |
| Employer contribution / active EE | $2,235 | $3,198-30.1% | $2,541-12.0% | $4,761-53.1% |
| Participant deferral / active EE | $3,472 | $4,784-27.4% | $4,167-16.7% | $5,982-42.0% |
| Admin fee / account holder | $38,139 | $10,130+276.5% | $6,795+461.3% | $11,246+239.1% |