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.
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 | $68,418 | $125,758-45.6% | $169,993-59.8% | $75,163-9.0% |
| Participation rate | 85.6% | 83.6%+2.0pp | 87.0%-1.4pp | 67.2%+18.4pp |
| Annual return | 14.82% | 27.20%-12.4pp | 53.37%-38.6pp | 160.62%-145.8pp |
| Employer contribution / active EE | $1,691 | $4,615-63.4% | $6,785-75.1% | $2,670-36.7% |
| Participant deferral / active EE | $4,996 | $6,837-26.9% | $10,408-52.0% | $4,125+21.1% |
| Admin fee / account holder | $3,671 | $8,173-55.1% | $12,815-71.4% | $5,651-35.0% |