Filed March 14, 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 | $219,011 | $76,367+186.8% | $93,606+134.0% | $72,985+200.1% |
| Participation rate | 100.0% | 71.7%+28.3pp | 75.8%+24.2pp | 69.5%+30.5pp |
| Annual return | 24.77% | 25.82%-1.1pp | 32.76%-8.0pp | 81.00%-56.2pp |
| Employer contribution / active EE | $2,779 | $2,275+22.2% | $2,718+2.3% | $2,440+13.9% |
| Participant deferral / active EE | $7,094 | $3,538+100.5% | $4,069+74.3% | $3,607+96.6% |
| Admin fee / account holder | $10,969 | $6,838+60.4% | $7,888+39.1% | $5,124+114.1% |