Filed June 27, 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 | $278,722 | $57,281+386.6% | $86,612+221.8% | $75,163+270.8% |
| Participation rate | 80.8% | 63.2%+17.6pp | 71.7%+9.1pp | 67.2%+13.6pp |
| Annual return | 24.81% | 2670.75%-2645.9pp | 591.07%-566.3pp | 160.62%-135.8pp |
| Employer contribution / active EE | $1,256 | $2,314-45.7% | $3,022-58.5% | $2,670-53.0% |
| Participant deferral / active EE | $8,358 | $3,318+151.9% | $4,438+88.3% | $4,125+102.6% |
| Admin fee / account holder | $10,309 | $4,112+150.7% | $5,614+83.6% | $5,651+82.4% |