Filed August 3, 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 4-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 | $87,367 | $209,336-58.3% | $197,124-55.7% | $137,256-36.3% |
| Participation rate | 100.0% | 87.3%+12.7pp | 86.7%+13.3pp | 80.0%+20.0pp |
| Annual return | 20.35% | 48.09%-27.7pp | 44.34%-24.0pp | 220.34%-200.0pp |
| Employer contribution / active EE | $9,893 | $6,591+50.1% | $6,227+58.9% | $4,156+138.0% |
| Participant deferral / active EE | $20,575 | $9,614+114.0% | $9,135+125.2% | $6,407+221.1% |
| Admin fee / account holder | $27,562 | $17,308+59.2% | $16,298+69.1% | $12,270+124.6% |