Filed February 8, 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 | $654,000 | $80,717+710.2% | $154,803+322.5% | $84,808+671.2% |
| Participation rate | 100.0% | 66.8%+33.2pp | 78.1%+21.9pp | 68.3%+31.7pp |
| Annual return | 18.41% | 37.96%-19.5pp | 58.88%-40.5pp | 40.90%-22.5pp |
| Employer contribution / active EE | $24,896 | $2,761+801.6% | $4,305+478.2% | $2,631+846.3% |
| Participant deferral / active EE | $16,639 | $3,303+403.7% | $5,540+200.3% | $4,212+295.1% |
| Admin fee / account holder | $671 | $6,746-90.1% | $14,329-95.3% | $7,344-90.9% |