Filed April 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 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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $73,358 | $137,414-46.6% | $189,513-61.3% | $85,850-14.6% |
| Participation rate | 78.5% | 84.6%-6.1pp | 87.8%-9.3pp | 69.3%+9.2pp |
| Annual return | 19.04% | 38.14%-19.1pp | 555.15%-536.1pp | 318.53%-299.5pp |
| Employer contribution / active EE | $1,290 | $4,344-70.3% | $6,162-79.1% | $2,565-49.7% |
| Participant deferral / active EE | $3,683 | $6,260-41.2% | $8,221-55.2% | $3,952-6.8% |
| Admin fee / account holder | $27,631 | $8,630+220.2% | $12,045+129.4% | $6,260+341.4% |