Filed September 18, 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 | $101,754 | $52,353+94.4% | $120,225-15.4% | $82,448+23.4% |
| Participation rate | 71.8% | 58.3%+13.5pp | 69.6%+2.2pp | 68.1%+3.7pp |
| Annual return | 15.07% | 61.85%-46.8pp | 439.23%-424.2pp | 41.64%-26.6pp |
| Employer contribution / active EE | $4,197 | $1,510+177.9% | $3,475+20.7% | $2,551+64.5% |
| Participant deferral / active EE | $5,433 | $2,627+106.8% | $3,999+35.9% | $4,139+31.2% |
| Admin fee / account holder | $10,278 | $4,363+135.6% | $5,696+80.4% | $7,234+42.1% |