Filed March 14, 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 | $58,107 | $95,453-39.1% | $112,040-48.1% | $82,448-29.5% |
| Participation rate | 84.3% | 72.8%+11.6pp | 76.5%+7.8pp | 68.1%+16.2pp |
| Annual return | 22.43% | 23.92%-1.5pp | 24.52%-2.1pp | 41.64%-19.2pp |
| Employer contribution / active EE | $2,534 | $2,318+9.3% | $2,954-14.2% | $2,551-0.7% |
| Participant deferral / active EE | $5,768 | $4,224+36.6% | $5,098+13.2% | $4,139+39.3% |
| Admin fee / account holder | $18,110 | $9,013+100.9% | $12,098+49.7% | $7,234+150.3% |