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 | $159,172 | $110,094+44.6% | $151,611+5.0% | $68,494+132.4% |
| Participation rate | 84.9% | 84.0%+1.0pp | 87.5%-2.6pp | 67.9%+17.0pp |
| Annual return | -13.67% | -10.12%-3.5pp | 3.33%-17.0pp | -7.84%-5.8pp |
| Employer contribution / active EE | $2,149 | $4,471-51.9% | $6,166-65.1% | $2,596-17.2% |
| Participant deferral / active EE | $9,168 | $6,527+40.5% | $8,363+9.6% | $4,027+127.6% |
| Admin fee / account holder | $1,026 | $7,719-86.7% | $11,616-91.2% | $5,403-81.0% |