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.)
Assets per participant exceed $250,000 - top-decile high-value plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $307,730 | $87,013+253.7% | $106,213+189.7% | $80,856+280.6% |
| Participation rate | 84.7% | 70.4%+14.3pp | 75.3%+9.4pp | 67.6%+17.1pp |
| Annual return | 18.98% | 17.05%+1.9pp | 116.14%-97.2pp | 35.59%-16.6pp |
| Employer contribution / active EE | $4,630 | $2,395+93.3% | $3,171+46.0% | $2,755+68.1% |
| Participant deferral / active EE | $8,148 | $3,986+104.4% | $5,016+62.5% | $4,296+89.7% |
| Admin fee / account holder | $2,817 | $8,431-66.6% | $11,033-74.5% | $6,918-59.3% |