Filed May 22, 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 9-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 | $110,215 | $127,065-13.3% | $113,168-2.6% | $142,382-22.6% |
| Participation rate | 100.0% | 79.2%+20.8pp | 76.6%+23.4pp | 80.1%+19.9pp |
| Annual return | 16.13% | 24.03%-7.9pp | 24.27%-8.1pp | 217.08%-200.9pp |
| Employer contribution / active EE | $9,278 | $3,442+169.5% | $2,975+211.8% | $4,299+115.8% |
| Participant deferral / active EE | $13,113 | $5,716+129.4% | $5,107+156.8% | $6,507+101.5% |
| Admin fee / account holder | $36,794 | $15,736+133.8% | $12,068+204.9% | $12,624+191.5% |