Filed May 2, 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 | $119,041 | $94,529+25.9% | $140,016-15.0% | $64,186+85.5% |
| Participation rate | 91.5% | 84.1%+7.4pp | 87.5%+4.0pp | 69.6%+22.0pp |
| Annual return | -6.39% | 7.77%-14.2pp | 651.12%-657.5pp | 7.63%-14.0pp |
| Employer contribution / active EE | $1,931 | $3,812-49.3% | $5,606-65.6% | $2,381-18.9% |
| Participant deferral / active EE | $7,893 | $5,250+50.3% | $6,927+13.9% | $3,470+127.5% |
| Admin fee / account holder | $1,552 | $6,741-77.0% | $10,705-85.5% | $4,888-68.3% |