Filed April 11, 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 | $152,870 | $78,422+94.9% | $95,952+59.3% | $79,858+91.4% |
| Participation rate | 86.2% | 73.5%+12.7pp | 77.1%+9.1pp | 69.6%+16.6pp |
| Annual return | 14.18% | 19.37%-5.2pp | 91.61%-77.4pp | 31.71%-17.5pp |
| Employer contribution / active EE | $2,747 | $1,945+41.2% | $2,541+8.1% | $2,471+11.2% |
| Participant deferral / active EE | $5,935 | $3,440+72.6% | $4,167+42.4% | $3,740+58.7% |
| Admin fee / account holder | $1,164 | $5,622-79.3% | $6,795-82.9% | $5,306-78.1% |