Filed January 16, 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 | $133,454 | $85,766+55.6% | $136,294-2.1% | $70,131+90.3% |
| Participation rate | 92.7% | 74.2%+18.5pp | 81.9%+10.8pp | 69.5%+23.1pp |
| Annual return | 20.35% | 31.45%-11.1pp | 5155.94%-5135.6pp | 73.14%-52.8pp |
| Employer contribution / active EE | $3,578 | $2,966+20.6% | $4,695-23.8% | $2,342+52.7% |
| Participant deferral / active EE | $7,137 | $5,051+41.3% | $6,247+14.2% | $3,332+114.2% |
| Admin fee / account holder | $18,143 | $5,420+234.7% | $9,243+96.3% | $4,645+290.6% |